Shares of Mountview Estates P.L.C. (LON:MTVW - Get Free Report) hit a new 52-week high during trading on Thursday following insider buying activity. The stock traded as high as £102 ($137.50) and last traded at £102 ($137.50), with a volume of 157 shares. The stock had previously closed at GBX 9,800 ($132.11).
Specifically, insider Duncan M. Sinclair purchased 533 shares of the company's stock in a transaction that occurred on Tuesday, September 30th. The shares were bought at an average cost of GBX 9,650 per share, with a total value of £51,434.50.
Mountview Estates Stock Up 4.1%
The firm has a market capitalization of £397.70 million, a P/E ratio of 1,692.95 and a beta of 0.47. The company has a current ratio of 121.68, a quick ratio of 0.79 and a debt-to-equity ratio of 16.64. The stock's 50-day simple moving average is GBX 9,892.29 and its 200-day simple moving average is GBX 9,635.82.
About Mountview Estates
(
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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.
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