Mountview Estates (LON:MTVW) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Mountview Estates P.L.C. (LON:MTVW) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 8,880.88 ($109.28) and traded as high as GBX 9,120 ($112.22). Mountview Estates shares last traded at GBX 9,120 ($112.22), with a volume of 564 shares.

Mountview Estates Stock Up 0.8 %

The business’s 50 day simple moving average is GBX 8,880.88 and its 200 day simple moving average is GBX 9,180.53. The company has a market capitalization of £355.68 million, a PE ratio of 1,251.03 and a beta of 0.47. 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 Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a GBX 250 ($3.08) dividend. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.71%. Mountview Estates’s dividend payout ratio (DPR) is presently 7,544.58%.

Insiders Place Their Bets

In related news, insider Andrew R. Williams purchased 300 shares of Mountview Estates stock in a transaction dated Thursday, November 21st. The stock was acquired at an average cost of GBX 8,900 ($109.51) per share, with a total value of £26,700 ($32,853.45). Corporate insiders own 73.33% of the company’s stock.

Mountview Estates Company Profile

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.