Mountview Estates (LON:MTVW) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Mountview Estates P.L.C. (LON:MTVW)’s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 9,429.84 and traded as low as GBX 8,850. Mountview Estates shares last traded at GBX 9,050, with a volume of 606 shares.

Mountview Estates Price Performance

The company’s fifty day moving average price is GBX 9,429.84 and its 200 day moving average price is GBX 9,681.75. The company has a debt-to-equity ratio of 16.64, a quick ratio of 0.79 and a current ratio of 121.68. The firm has a market capitalization of £354.81 million, a price-to-earnings ratio of 16.44 and a beta of 0.47.

Mountview Estates (LON:MTVW) last released its quarterly earnings data on Thursday, November 20th. The company reported GBX 298.80 earnings per share for the quarter. Mountview Estates had a net margin of 21.89% and a return on equity of 4.37%.

Insider Activity

In related news, insider Duncan M. Sinclair acquired 1,551 shares of Mountview Estates stock in a transaction that occurred on Thursday, October 16th. The stock was acquired at an average price of GBX 9,650 per share, for a total transaction of £149,671.50. Over the last 90 days, insiders purchased 2,626 shares of company stock valued at $25,340,900. Company insiders own 28.81% 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.