MJ Gleeson plc (LON:GLE) Insider Leanne Johnson Purchases 50 Shares of Stock

MJ Gleeson plc (LON:GLEGet Free Report) insider Leanne Johnson purchased 50 shares of MJ Gleeson stock in a transaction that occurred on Thursday, October 5th. The stock was acquired at an average price of GBX 389 ($4.70) per share, with a total value of £194.50 ($235.10).

Leanne Johnson also recently made the following trade(s):

  • On Monday, September 25th, Leanne Johnson sold 618 shares of MJ Gleeson stock. The shares were sold at an average price of GBX 425 ($5.14), for a total transaction of £2,626.50 ($3,174.79).

MJ Gleeson Price Performance

Shares of MJ Gleeson stock opened at GBX 391 ($4.73) on Friday. The company has a market cap of £228.11 million, a P/E ratio of 953.66 and a beta of 1.00. MJ Gleeson plc has a one year low of GBX 331 ($4.00) and a one year high of GBX 475 ($5.74). The firm has a fifty day moving average of GBX 392.64 and a two-hundred day moving average of GBX 407.58. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.89 and a current ratio of 4.93.

MJ Gleeson Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 24th. Stockholders of record on Thursday, October 26th will be paid a dividend of GBX 9 ($0.11) per share. This represents a dividend yield of 2.28%. This is an increase from MJ Gleeson’s previous dividend of $5.00. The ex-dividend date of this dividend is Thursday, October 26th. MJ Gleeson’s dividend payout ratio is 3,414.63%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 518 ($6.26) price target on shares of MJ Gleeson in a research report on Friday, September 15th.

Check Out Our Latest Analysis on MJ Gleeson

MJ Gleeson Company Profile

(Get Free Report)

MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages in the house building activities in the north of England and Midlands; and sale of land in the south of England.

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