Glenveagh Properties PLC (LON:GLV – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2.70 and last traded at GBX 2.49, with a volume of 37225 shares. The stock had previously closed at GBX 2.48.
Glenveagh Properties Stock Performance
The firm’s fifty day simple moving average is GBX 2.31 and its 200 day simple moving average is GBX 2.12. The company has a market capitalization of £12.85 million, a price-to-earnings ratio of 0.13 and a beta of 0.85. The company has a debt-to-equity ratio of 30.69, a current ratio of 5.94 and a quick ratio of 1.59.
Insiders Place Their Bets
In other Glenveagh Properties news, insider Max Steinebach sold 12,000,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of GBX 215, for a total transaction of £25,800,000. Insiders own 5.06% of the company’s stock.
About Glenveagh Properties
Glenveagh Properties plc, listed on Euronext Dublin and the London Stock Exchange, is a leading Irish
homebuilder.
Supported by innovation and supply chain integration, Glenveagh are committed to opening access to sustainable high-quality homes to as many people as possible in flourishing communities across Ireland. We are focused on three core markets – suburban housing, urban apartments and partnerships with local authorities and state agencies.
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