Mountview Estates (LON:MTVW) Shares Cross Above Fifty Day Moving Average – Should You Sell?

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 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.

Mountview Estates Stock Down 2.2 %

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 firm has a fifty day moving average price of GBX 8,973.10 and a 200 day moving average price of GBX 9,048.37. The company has a current ratio of 121.68, a quick ratio of 0.79 and a debt-to-equity ratio of 16.64.

Mountview Estates (LON:MTVW) last announced its earnings results 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 business also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be given a GBX 250 ($3.17) dividend. This represents a yield of 2.71%. The ex-dividend date of this dividend is Thursday, February 20th. Mountview Estates’s 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.