Mountview Estates (LON:MTVW) Hits New 12-Month High After Insider Buying Activity

Mountview Estates P.L.C. (LON:MTVWGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday following insider buying activity. The company traded as high as £102 ($137.12) and last traded at £102 ($137.12), with a volume of 157 shares changing hands. The stock had previously closed at GBX 9,800 ($131.74).

Specifically, insider Duncan M. Sinclair bought 533 shares of the stock in a transaction dated Tuesday, September 30th. The shares were acquired at an average cost of GBX 9,650 per share, with a total value of £51,434.50.

Mountview Estates Trading Up 4.1%

The stock has a market cap of £397.70 million, a PE ratio of 1,692.95 and a beta of 0.47. The company has a debt-to-equity ratio of 16.64, a quick ratio of 0.79 and a current ratio of 121.68. The company has a 50 day moving average of GBX 9,899.13 and a two-hundred day moving average of GBX 9,645.34.

About Mountview Estates

(Get Free Report)

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.

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