Mountview Estates (LON:MTVW) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of 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 changing hands.

Mountview Estates Stock Performance

The stock has a market cap of £360.75 million, a price-to-earnings ratio of 1,268.86 and a beta of 0.47. The company has a debt-to-equity ratio of 16.64, a current ratio of 121.68 and a quick ratio of 0.79. The firm has a fifty day moving average of GBX 8,883.41 and a 200 day moving average of GBX 9,086.03.

Mountview Estates (LON:MTVW) last posted its quarterly earnings results on Wednesday, November 20th. The company reported GBX 347.90 ($4.34) 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 company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be given a dividend of GBX 250 ($3.12) per share. This represents a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, February 20th. Mountview Estates’s payout ratio is presently 7,544.58%.

Insider Buying and Selling

In other Mountview Estates news, insider Andrew R. Williams acquired 300 shares of the company’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 currently owned by company 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.