Mountview Estates (LON:MTVW) Reaches New 12-Month Low – Here’s What Happened

Mountview Estates P.L.C. (LON:MTVW) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 8,550 ($108.53) and last traded at GBX 8,600 ($109.16), with a volume of 375 shares traded. The stock had previously closed at GBX 8,675 ($110.12).

Mountview Estates Stock Performance

The firm has a market capitalization of £345.15 million, a P/E ratio of 1,213.99 and a beta of 0.47. The stock has a 50-day moving average of GBX 8,989.05 and a 200 day moving average of GBX 9,370.16. 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. Shareholders of record on Thursday, February 20th will be issued a dividend of GBX 250 ($3.17) per share. This represents a yield of 2.71%. The ex-dividend date is Thursday, February 20th. Mountview Estates’s dividend payout ratio is 7,544.58%.

Insiders Place Their Bets

In other news, insider Andrew R. Williams acquired 300 shares of Mountview Estates stock in a transaction on Thursday, November 21st. The shares were purchased at an average price of GBX 8,900 ($112.97) per share, with a total value of £26,700 ($33,891.85). Company 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.