MJ Gleeson (LON:GLE) Share Price Crosses Below 200-Day Moving Average - What's Next?

MJ Gleeson plc (LON:GLE - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 528.43 ($6.83) and traded as low as GBX 465 ($6.01). MJ Gleeson shares last traded at GBX 468 ($6.05), with a volume of 18,561 shares traded.

MJ Gleeson Price Performance

The company has a 50-day moving average of GBX 479.39 and a 200 day moving average of GBX 526.71. The company has a quick ratio of 0.89, a current ratio of 5.79 and a debt-to-equity ratio of 1.70. The stock has a market capitalization of £284.26 million, a PE ratio of 14.71 and a beta of 1.14.

MJ Gleeson (LON:GLE - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported GBX 4.80 ($0.06) EPS for the quarter. MJ Gleeson had a net margin of 5.59% and a return on equity of 6.60%. Sell-side analysts predict that MJ Gleeson plc will post 35.1412429 EPS for the current year.

Insider Buying and Selling at MJ Gleeson

In related news, insider Graham Prothero bought 8,020 shares of the company's stock in a transaction on Tuesday, February 11th. The stock was bought at an average cost of GBX 499 ($6.45) per share, for a total transaction of £40,019.80 ($51,745.28). 16.85% of the stock is owned by insiders.

About MJ Gleeson

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land. Gleeson Homes is the leading low-cost, affordable housebuilder with the vision of "Building Homes. Changing Lives." Focusing on areas where affordable housing is most needed in the Midlands and North of England, Gleeson Homes' average selling price was £193,900, 34% lower than other housebuilders average selling price of £291,700 in the same geographic regions.