Mountview Estates (LON:MTVW) Sets New 1-Year Low – What’s Next?

Mountview Estates P.L.C. (LON:MTVW) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 8,500 ($107.58) and last traded at GBX 8,500 ($107.58), with a volume of 65 shares changing hands. The stock had previously closed at GBX 8,800 ($111.38).

Mountview Estates Price Performance

The firm has a market cap of £331.50 million, a P/E ratio of 1,183.26 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. The business has a 50-day moving average of GBX 8,973.37 and a two-hundred day moving average of GBX 9,349.79.

Mountview Estates Cuts Dividend

The company also recently disclosed 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 ($3.16) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 2.71%. Mountview Estates’s dividend payout ratio is currently 7,544.58%.

Insider Buying and Selling

In related news, insider Andrew R. Williams bought 300 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were purchased at an average cost of GBX 8,900 ($112.64) per share, with a total value of £26,700 ($33,793.19). 73.33% of the stock is currently owned by corporate 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.