Insider Selling: Glenveagh Properties (LON:GLV) Insider Sells 12,000,000 Shares of Stock

Glenveagh Properties PLC (LON:GLV) insider Max Steinebach sold 12,000,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of GBX 215, for a total value of £25,800,000.

Glenveagh Properties Stock Performance

Shares of LON:GLV traded down GBX 0.04 during midday trading on Friday, reaching GBX 2.23. 225,129 shares of the company traded hands, compared to its average volume of 87,450. The company has a quick ratio of 1.59, a current ratio of 5.94 and a debt-to-equity ratio of 30.69. Glenveagh Properties PLC has a 12 month low of GBX 1.59 and a 12 month high of GBX 2.30. The firm has a market capitalization of £11.51 million, a price-to-earnings ratio of 0.11 and a beta of 0.84. The firm’s fifty day moving average price is GBX 2.05 and its two-hundred day moving average price is GBX 1.98.

Glenveagh Properties Company Profile

Glenveagh Properties plc, listed on Euronext Dublin and the London Stock Exchange, is a leading Irish
homebuilder.
Supported by innovation and supply chain integration, Glenveagh are committed to opening access to sustainable high-quality homes to as many people as possible in flourishing communities across Ireland. We are focused on three core markets – suburban housing, urban apartments and partnerships with local authorities and state agencies.