Mountview Estates (LON:MTVW) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Mountview Estates P.L.C. (LON:MTVW)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 8,880.88 ($108.44) and traded as high as GBX 9,120 ($111.36). Mountview Estates shares last traded at GBX 9,120 ($111.36), with a volume of 564 shares trading hands.

Mountview Estates Price Performance

The firm’s fifty day moving average price is GBX 8,885.28 and its 200 day moving average price is GBX 9,180.11. The firm has a market capitalization of £351 million, a PE ratio of 1,234.57 and a beta of 0.47. The company has a current ratio of 121.68, a quick ratio of 0.79 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 issued a dividend of GBX 250 ($3.05) per share. This represents a yield of 2.71%. The ex-dividend date is Thursday, February 20th. Mountview Estates’s dividend payout ratio (DPR) is presently 7,544.58%.

Insider Buying and Selling at Mountview Estates

In other Mountview Estates news, insider Andrew R. Williams bought 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 ($108.67) per share, for a total transaction of £26,700 ($32,600.73). 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.