MJ Gleeson (LON:GLE) Issues Quarterly Earnings Results

MJ Gleeson (LON:GLE) posted 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 6.60%.

MJ Gleeson Stock Performance

Shares of GLE stock traded up GBX 2.50 ($0.03) during trading hours on Thursday, hitting GBX 478.50 ($5.96). 50,350 shares of the company were exchanged, compared to its average volume of 69,778. The company has a current ratio of 5.79, a quick ratio of 0.89 and a debt-to-equity ratio of 1.70. The stock has a market capitalization of £289.40 million, a price-to-earnings ratio of 14.98 and a beta of 1.14. The firm has a fifty day simple moving average of GBX 494.54 and a 200 day simple moving average of GBX 552.71. MJ Gleeson has a 52-week low of GBX 439.50 ($5.47) and a 52-week high of GBX 654 ($8.14).

Insider Activity at MJ Gleeson

In other news, insider Graham Prothero acquired 8,020 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were 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 company 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.