Mountview Estates (LON:MTVW) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Mountview Estates P.L.C. (LON:MTVW) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 9,155.32 ($111.39) and traded as low as GBX 9,120 ($110.96). Mountview Estates shares last traded at GBX 9,300 ($113.15), with a volume of 102 shares traded.

Mountview Estates Stock Performance

The firm has a 50 day moving average price of GBX 8,873.48 and a 200 day moving average price of GBX 9,155.32. The stock has a market cap of £362.70 million, a PE ratio of 1,275.72 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 firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be issued a GBX 250 ($3.04) dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.71%. Mountview Estates’s dividend payout ratio is currently 7,544.58%.

Insider Activity

In related news, insider Andrew R. Williams acquired 300 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average cost of GBX 8,900 ($108.29) per share, for a total transaction of £26,700 ($32,485.70). 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.