Mountview Estates (LON:MTVW) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Mountview Estates P.L.C. (LON:MTVW) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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 Trading Up 0.8 %

The firm has a market capitalization of £355.68 million, a price-to-earnings ratio of 1,251.03 and a beta of 0.47. The company has a debt-to-equity ratio of 16.64, a quick ratio of 0.79 and a current ratio of 121.68. The company has a 50-day moving average price of GBX 8,880.88 and a 200-day moving average price of GBX 9,180.53.

Mountview Estates Cuts Dividend

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

Insiders Place Their Bets

In other news, insider Andrew R. Williams purchased 300 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average price of GBX 8,900 ($109.51) per share, for a total transaction of £26,700 ($32,853.45). 73.33% of the stock is owned by corporate insiders.

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.