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

Mountview Estates P.L.C. (LON:MTVW) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 8,883.41 ($110.88) and traded as high as GBX 9,126 ($113.90). Mountview Estates shares last traded at GBX 8,750 ($109.21), with a volume of 248 shares.

Mountview Estates Stock Performance

The business has a 50-day moving average price of GBX 8,883.41 and a 200-day moving average price of GBX 9,086.03. 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 firm has a market capitalization of £360.75 million, a price-to-earnings ratio of 1,268.86 and a beta of 0.47.

Mountview Estates (LON:MTVW) last released its earnings results on Wednesday, November 20th. The company reported GBX 347.90 ($4.34) earnings per share (EPS) for the quarter. Mountview Estates had a return on equity of 7.19% and a net margin of 35.76%.

Mountview Estates Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a dividend of GBX 250 ($3.12) per share. The ex-dividend date is Thursday, February 20th. This represents a yield of 2.71%. Mountview Estates’s dividend payout ratio is presently 7,544.58%.

Insiders Place Their Bets

In other Mountview Estates news, insider Andrew R. Williams purchased 300 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average price of GBX 8,900 ($111.08) per share, for a total transaction of £26,700 ($33,325.01). 73.33% of the stock is owned by 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.