Glenveagh Properties (LON:GLV) Sets New 1-Year High – Here’s What Happened

Glenveagh Properties PLC (LON:GLVGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2.54 and last traded at GBX 2.49, with a volume of 144496 shares traded. The stock had previously closed at GBX 2.46.

Glenveagh Properties Stock Performance

The company has a debt-to-equity ratio of 30.69, a quick ratio of 1.59 and a current ratio of 5.94. The stock’s fifty day moving average price is GBX 2.26 and its 200-day moving average price is GBX 2.10. The company has a market capitalization of £12.98 million, a P/E ratio of 0.13 and a beta of 0.86.

Insider Activity

In other news, insider Max Steinebach sold 12,000,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of GBX 215, for a total value of £25,800,000. Insiders own 5.06% of the company’s stock.

Glenveagh Properties Company Profile

(Get Free Report)

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.

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