Mountview Estates (LON:MTVW) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Mountview Estates P.L.C. (LON:MTVW) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9,276.02 ($117.69) and traded as low as GBX 8,635 ($109.55). Mountview Estates shares last traded at GBX 8,825 ($111.96), with a volume of 40 shares traded.

Mountview Estates Stock Performance

The business has a 50-day simple moving average of GBX 8,910.43 and a 200-day simple moving average of GBX 9,276.02. The firm has a market capitalization of £344.18 million, a PE ratio of 1,210.56 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.

Mountview Estates Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be paid a GBX 250 ($3.17) dividend. This represents a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, February 20th. Mountview Estates’s dividend payout ratio is currently 7,544.58%.

Insider Buying and Selling

In other Mountview Estates news, insider Andrew R. Williams purchased 300 shares of Mountview Estates stock in a transaction dated Thursday, November 21st. The shares were purchased at an average cost of GBX 8,900 ($112.92) per share, for a total transaction of £26,700 ($33,874.65). 73.33% of the stock is owned by corporate insiders.

About Mountview Estates

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.