Mountview Estates (LON:MTVW) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Mountview Estates P.L.C. (LON:MTVW) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 8,973.10 ($113.70) and traded as high as GBX 9,000 ($114.04). Mountview Estates shares last traded at GBX 8,950 ($113.41), with a volume of 605 shares trading hands.

Mountview Estates Trading Down 2.2 %

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 firm has a market capitalization of £341.31 million, a price-to-earnings ratio of 19.62 and a beta of 0.47. The business has a 50-day moving average of GBX 8,973.10 and a two-hundred day moving average of GBX 9,048.37.

Mountview Estates (LON:MTVW) last announced its quarterly earnings data on Wednesday, November 20th. The company reported GBX 347.90 ($4.41) earnings per share for the quarter. Mountview Estates had a return on equity of 4.37% and a net margin of 21.89%.

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 ($3.17) dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 2.71%. Mountview Estates’s dividend payout ratio (DPR) is currently 120.56%.

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.