Mountview Estates (LON:MTVW) Share Price Passes Below 200 Day Moving Average – What’s Next?

Mountview Estates P.L.C. (LON:MTVW) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-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 Up 0.5 %

The company has a quick ratio of 0.79, a current ratio of 121.68 and a debt-to-equity ratio of 16.64. The stock has a 50-day simple moving average of GBX 8,873.48 and a two-hundred day simple moving average of GBX 9,151.69. The firm has a market cap of £362.70 million, a PE ratio of 1,275.72 and a beta of 0.47.

Mountview Estates Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors 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 yield of 2.71%. Mountview Estates’s payout ratio is 7,544.58%.

Insiders Place Their Bets

In related news, insider Andrew R. Williams acquired 300 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were 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 owned by 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.