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MJ Gleeson (LON:GLE) Shares Pass Below 200-Day Moving Average - What's Next?

MJ Gleeson logo with Consumer Cyclical background

Shares of MJ Gleeson plc (LON:GLE - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 559.68 ($6.88) and traded as low as GBX 475.50 ($5.84). MJ Gleeson shares last traded at GBX 481.41 ($5.91), with a volume of 13,128 shares traded.

MJ Gleeson Stock Performance

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 has a market cap of £277.77 million, a PE ratio of 1,441.82 and a beta of 1.14. The firm's 50-day simple moving average is GBX 497.99 and its two-hundred day simple moving average is GBX 558.17.

MJ Gleeson Company Profile

(Get Free Report)

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.

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