Mountview Estates (LON:MTVW) Hits New 52-Week Low – Here’s Why

Mountview Estates P.L.C. (LON:MTVW) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 8,500 and last traded at GBX 8,594.50, with a volume of 1189 shares trading hands. The stock had previously closed at GBX 8,800.

Mountview Estates Trading Down 2.3%

The firm has a market cap of £335.10 million, a P/E ratio of 15.53 and a beta of 0.29. The company’s 50 day moving average is GBX 8,916.94 and its two-hundred day moving average is GBX 9,248.60. The company has a debt-to-equity ratio of 16.55, a current ratio of 147.94 and a quick ratio of 0.79.

Insider Activity at Mountview Estates

In other news, insider Duncan M. Sinclair acquired 545 shares of Mountview Estates stock in a transaction on Tuesday, March 24th. The stock was bought at an average price of GBX 8,750 per share, for a total transaction of £47,687.50. In the last ninety days, insiders purchased 3,215 shares of company stock valued at $28,088,300. 28.87% of the stock is currently 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. Its properties are located in Belsize Park, London. Mountview Estates P.L.C. was incorporated in 1937 and is based in London, the United Kingdom.