Mountview Estates (LON:MTVW) Shares Pass Above 50 Day Moving Average – What’s Next?

Mountview Estates P.L.C. (LON:MTVW) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 8,973.10 ($113.37) and traded as high as GBX 9,000 ($113.71). Mountview Estates shares last traded at GBX 8,950 ($113.08), with a volume of 605 shares changing hands.

Mountview Estates Trading Up 0.6 %

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 stock has a market capitalization of £341.31 million, a price-to-earnings ratio of 19.62 and a beta of 0.47. The business has a fifty day simple moving average of GBX 8,975.70 and a 200 day simple moving average of GBX 9,040.11.

Mountview Estates (LON:MTVW) last released its quarterly earnings results on Wednesday, November 20th. The company reported GBX 347.90 ($4.40) EPS for the quarter. Mountview Estates had a net margin of 21.89% and a return on equity of 4.37%.

Mountview Estates Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be issued a dividend of GBX 250 ($3.16) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.71%. Mountview Estates’s dividend payout ratio is presently 120.56%.

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.