Mountview Estates (LON:MTVW) Shares Pass Below 50 Day Moving Average – Should You Sell?

Mountview Estates P.L.C. (LON:MTVW)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 9,870.49 ($131.73) and traded as low as GBX 9,650 ($128.79). Mountview Estates shares last traded at GBX 9,690 ($129.32), with a volume of 341 shares changing hands.

Mountview Estates Stock Down 2.1%

The stock has a 50 day moving average of GBX 9,870.49 and a 200-day moving average of GBX 9,614.09. The firm has a market capitalization of £377.81 million, a P/E ratio of 1,608.30 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.

Insider Transactions at Mountview Estates

In other news, insider Duncan M. Sinclair acquired 500 shares of the stock in a transaction that occurred on Wednesday, July 23rd. The shares were acquired at an average cost of GBX 9,725 per share, for a total transaction of £48,625. Corporate insiders own 28.74% of the company’s stock.

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.