Mountview Estates (LON:MTVW) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of Mountview Estates P.L.C. (LON:MTVW – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 8,880.88 ($108.44) and traded as high as GBX 9,120 ($111.36). Mountview Estates shares last traded at GBX 9,120 ($111.36), with a volume of 564 shares.

Mountview Estates Stock Performance

The company has a quick ratio of 0.79, a current ratio of 121.68 and a debt-to-equity ratio of 16.64. The business’s fifty day simple moving average is GBX 8,885.28 and its two-hundred day simple moving average is GBX 9,180.11. The company has a market cap of £351 million, a price-to-earnings ratio of 1,234.57 and a beta of 0.47.

Mountview Estates Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be issued a dividend of GBX 250 ($3.05) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 2.71%. Mountview Estates’s payout ratio is currently 7,544.58%.

Insiders Place Their Bets

In other Mountview Estates news, insider Andrew R. Williams bought 300 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were acquired at an average cost of GBX 8,900 ($108.67) per share, with a total value of £26,700 ($32,600.73). 73.33% of the stock is owned by corporate insiders.

About Mountview Estates

(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.

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