Mountview Estates (LON:MTVW) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Mountview Estates P.L.C. (LON:MTVW) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 9,155.32 ($111.39) and traded as low as GBX 9,120 ($110.96). Mountview Estates shares last traded at GBX 9,300 ($113.15), with a volume of 102 shares trading hands.

Mountview Estates Trading Up 0.5 %

The firm has a fifty day moving average of GBX 8,873.48 and a 200 day moving average of GBX 9,155.32. The firm has a market capitalization of £362.70 million, a PE ratio of 1,275.72 and a beta of 0.47. The company has a debt-to-equity ratio of 16.64, a quick ratio of 0.79 and a current ratio of 121.68.

Mountview Estates Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be paid a dividend of GBX 250 ($3.04) per share. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 2.71%. Mountview Estates’s dividend payout ratio is currently 7,544.58%.

Insider Activity

In other Mountview Estates news, insider Andrew R. Williams bought 300 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were acquired at an average cost of GBX 8,900 ($108.29) per share, with a total value of £26,700 ($32,485.70). Insiders own 73.33% of the company’s stock.

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.