Mountview Estates (LON:MTVW) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

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 9,243.33 ($123.01) and traded as high as GBX 9,750 ($129.76). Mountview Estates shares last traded at GBX 9,500 ($126.43), with a volume of 333 shares trading hands.

Mountview Estates Stock Performance

The firm has a 50 day moving average of GBX 9,243.33 and a 200-day moving average of GBX 9,054.65. The company has a market cap of £362.28 million, a P/E ratio of 20.82 and a beta of 0.47. 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 declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 20th were given a dividend of GBX 250 ($3.33) per share. This represents a dividend yield of 2.71%. The ex-dividend date was Thursday, February 20th. Mountview Estates’s payout ratio is 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.