Mountview Estates (LON:MTVW) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of Mountview Estates P.L.C. (LON:MTVW) 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 trading hands.

Mountview Estates Stock Performance

The company 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 current ratio of 121.68, a quick ratio of 0.79 and a debt-to-equity ratio of 16.64. The business’s 50 day moving average is GBX 8,873.48 and its two-hundred day moving average is GBX 9,151.69.

Mountview Estates Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be given a GBX 250 ($3.04) dividend. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.71%. Mountview Estates’s payout ratio is 7,544.58%.

Insider Buying and Selling

In related news, insider Andrew R. Williams bought 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 ($108.29) per share, for a total transaction of £26,700 ($32,485.70). 73.33% of the stock is currently owned by company 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.