MJ Gleeson plc (LON:GLE – Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 566.22 ($6.91) and traded as low as GBX 453.50 ($5.54). MJ Gleeson shares last traded at GBX 460 ($5.62), with a volume of 139,345 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 643 ($7.85) price objective on shares of MJ Gleeson in a research note on Wednesday, September 18th.
Check Out Our Latest Stock Report on GLE
MJ Gleeson Price Performance
Insiders Place Their Bets
In other news, insider Stefan Allanson sold 10,532 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of GBX 620 ($7.57), for a total transaction of £65,298.40 ($79,719.69). Corporate insiders own 16.85% of the company’s stock.
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.
See Also
- Five stocks we like better than MJ Gleeson
- What is a Dividend King?
- The Fed Is More Likely to Hike Than Cut Rates in 2025
- The How And Why of Investing in Oil Stocks
- Investors Navigate Uncertainty by Seeking Refuge in Gold and Oil
- What is a Stock Market Index and How Do You Use Them?
- Archer Aviation Shares Slide, Now Bargain Priced for 2025
Receive News & Ratings for MJ Gleeson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MJ Gleeson and related companies with MarketBeat.com's FREE daily email newsletter.