MJ Gleeson (LON:GLE) Announces Earnings Results

MJ Gleeson (LON:GLE) announced its quarterly earnings data on Tuesday. The company reported GBX 4.80 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. MJ Gleeson had a net margin of 5.59% and a return on equity of 6.61%.

MJ Gleeson Price Performance

Shares of LON GLE traded up GBX 9.50 ($0.12) during trading on Thursday, reaching GBX 485.50 ($6.04). The company had a trading volume of 264,607 shares, compared to its average volume of 76,689. The stock has a market capitalization of £283.43 million, a PE ratio of 1,471.21 and a beta of 1.14. The company has a current ratio of 5.79, a quick ratio of 0.89 and a debt-to-equity ratio of 8.37. The stock has a 50-day moving average price of GBX 494.54 and a two-hundred day moving average price of GBX 552.71. MJ Gleeson has a twelve month low of GBX 439.50 ($5.47) and a twelve month high of GBX 654 ($8.14).

Insiders Place Their Bets

In other news, insider Graham Prothero acquired 8,020 shares of the company’s stock in a transaction dated Tuesday, February 11th. The stock was acquired at an average cost of GBX 499 ($6.21) per share, for a total transaction of £40,019.80 ($49,813.04). 16.85% of the stock is owned by corporate insiders.

About MJ Gleeson

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.

Gleeson Homes is the leading low-cost, affordable housebuilder. Its two-bedroom homes start from circa £100,000. Gleeson’s vision is “Building Homes. Changing Lives”, prioritising areas where people need affordable housing the most.