Mountview Estates (LON:MTVW) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Mountview Estates P.L.C. (LON:MTVW) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 9,026.37 ($116.44) and traded as high as GBX 9,200 ($118.68). Mountview Estates shares last traded at GBX 9,200 ($118.68), with a volume of 487 shares.

Mountview Estates Price Performance

The company has a debt-to-equity ratio of 16.64, a current ratio of 121.68 and a quick ratio of 0.79. The company has a 50-day simple moving average of GBX 9,037.37 and a 200-day simple moving average of GBX 8,977.50. The stock has a market cap of £352.75 million, a PE ratio of 20.28 and a beta of 0.47.

Mountview Estates Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 20th were issued a GBX 250 ($3.22) dividend. The ex-dividend date of this dividend was Thursday, February 20th. This represents a dividend yield of 2.71%. Mountview Estates’s dividend payout ratio is presently 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.