Mountview Estates (LON:MTVW) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Mountview Estates P.L.C. (LON:MTVW) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 9,321.12 and traded as low as GBX 8,766. Mountview Estates shares last traded at GBX 8,863.93, with a volume of 723 shares trading hands.

Mountview Estates Stock Up 3.7%

The company has a debt-to-equity ratio of 16.64, a current ratio of 121.68 and a quick ratio of 0.79. The firm has a market cap of £356.76 million, a price-to-earnings ratio of 16.53 and a beta of 0.47. The firm has a 50 day moving average price of GBX 9,311.12 and a 200-day moving average price of GBX 9,646.49.

Mountview Estates (LON:MTVW) last announced 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 Transactions at Mountview Estates

In other news, insider Duncan M. Sinclair acquired 1,551 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The stock was purchased at an average price of GBX 9,650 per share, for a total transaction of £149,671.50. Insiders have purchased a total of 2,626 shares of company stock worth $25,340,900 in the last ninety days. 28.81% of the stock is currently owned by insiders.

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. Its properties are located in Belsize Park, London. Mountview Estates P.L.C. was incorporated in 1937 and is based in London, the United Kingdom.