MJ Gleeson (LON:GLE) Posts Earnings Results

MJ Gleeson (LON:GLE) released its quarterly earnings results on Tuesday. The company reported GBX 4.80 ($0.06) 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 Trading Up 0.5 %

Shares of GLE stock traded up GBX 2.50 ($0.03) during trading hours on Thursday, reaching GBX 478.50 ($5.96). 50,350 shares of the stock were exchanged, compared to its average volume of 69,778. MJ Gleeson has a 12-month low of GBX 439.50 ($5.47) and a 12-month high of GBX 654 ($8.14). 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 company’s 50-day moving average price is GBX 494.54 and its 200-day moving average price is GBX 552.71. The firm has a market capitalization of £279.35 million, a price-to-earnings ratio of 1,450.00 and a beta of 1.14.

Insider Buying and Selling

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

MJ Gleeson Company Profile

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.