Mountview Estates (LON:MTVW) Shares Pass Below 50 Day Moving Average – Time to Sell?

by · The Cerbat Gem

Mountview Estates P.L.C. (LON:MTVWGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 9,321.12 and traded as low as GBX 8,766. Mountview Estates shares last traded at GBX 8,863.93, with a volume of 723 shares.

Mountview Estates Price Performance

The stock has a market cap of £345.60 million, a PE ratio of 16.02 and a beta of 0.47. The business’s 50-day simple moving average is GBX 9,321.12 and its 200-day simple moving average is GBX 9,649.98. The company has a quick ratio of 0.79, a current ratio of 121.68 and a debt-to-equity ratio of 16.64.

Mountview Estates (LON:MTVWGet Free Report) last issued its quarterly earnings data on Thursday, November 20th. The company reported GBX 298.80 earnings per share for the quarter. Mountview Estates had a return on equity of 4.37% and a net margin of 21.89%.

Insider Activity

In other news, insider Duncan M. Sinclair purchased 1,551 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The shares were bought at an average price of GBX 9,650 per share, for a total transaction of £149,671.50. Insiders have purchased 2,626 shares of company stock worth $25,340,900 in the last ninety days. 28.81% of the stock is currently owned by company insiders.

Mountview Estates Company Profile

(Get Free Report)

Mountview Estates P.L.C., together with its subsidiaries, engages in the property trading and investment activities in the United Kingdom. It owns and acquires tenanted residential properties; and sells such properties when it becomes vacant. The company trades in regulated, assured, assured shorthold, and life tenancy residential units, as well as freehold and leasehold ground rent units. Its properties are located in Belsize Park, London. Mountview Estates P.L.C. was incorporated in 1937 and is based in London, the United Kingdom.

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