Mountview Estates (LON:MTVW) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Mountview Estates P.L.C. (LON:MTVW) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 8,858.28 ($110.22) and traded as low as GBX 8,843 ($110.03). Mountview Estates shares last traded at GBX 8,843 ($110.03), with a volume of 163 shares traded.

Mountview Estates Stock Performance

The company’s 50-day moving average price is GBX 8,858.28 and its 200 day moving average price is GBX 9,114.16. The stock has a market capitalization of £360.75 million, a PE ratio of 1,268.86 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.

Mountview Estates (LON:MTVW) last issued its quarterly earnings data on Wednesday, November 20th. The company reported GBX 347.90 ($4.33) EPS for the quarter. Mountview Estates had a net margin of 35.76% and a return on equity of 7.19%.

Mountview Estates Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be paid a dividend of GBX 250 ($3.11) per share. This represents a yield of 2.71%. The ex-dividend date is Thursday, February 20th. Mountview Estates’s payout ratio is currently 7,544.58%.

Insider Activity at Mountview Estates

In other news, insider Andrew R. Williams purchased 300 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were purchased at an average price of GBX 8,900 ($110.74) per share, for a total transaction of £26,700 ($33,221.35). 73.33% of the stock is owned by corporate insiders.

About Mountview Estates

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.