Glenveagh Properties (LON:GLV) Sets New 1-Year High – Should You Buy?

Shares of Glenveagh Properties PLC (LON:GLV) reached a new 52-week high on Monday . The company traded as high as GBX 2 and last traded at GBX 1.97, with a volume of 2578 shares trading hands. The stock had previously closed at GBX 1.98.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised shares of Glenveagh Properties to a “buy” rating in a research report on Friday, September 26th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Glenveagh Properties Stock Down 0.1%

The stock has a market cap of £10.27 million, a PE ratio of 0.09 and a beta of 1.15. The business has a 50 day moving average of GBX 1.90 and a 200-day moving average of GBX 1.89. The company has a current ratio of 6.27, a quick ratio of 1.59 and a debt-to-equity ratio of 17.86.

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.