Mountview Estates (LON:MTVW) Stock Crosses Below 200-Day Moving Average – Here’s Why

Shares of Mountview Estates P.L.C. (LON:MTVW) crossed 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 traded.

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 stock’s 50 day simple moving average is GBX 8,873.48 and its two-hundred day simple moving average is GBX 9,155.32. The company has a quick ratio of 0.79, a current ratio of 121.68 and a debt-to-equity ratio of 16.64.

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. This represents a dividend yield of 2.71%. The ex-dividend date is Thursday, February 20th. Mountview Estates’s dividend payout ratio (DPR) is currently 7,544.58%.

Insider Buying and Selling at Mountview Estates

In other Mountview Estates news, insider Andrew R. Williams acquired 300 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was bought at an average cost 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 company 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.