Mountview Estates (LON:MTVW) Hits New 52-Week High - What's Next?

Key Points

• Mountview Estates P.L.C. reached a new 52-week high of £100 ($132.96) during trading, indicating significant market interest and performance.
• The company reported an earnings per share (EPS) of GBX 602.50 ($8.01) for its last quarterly results, with a net margin of 21.89%.
• Insider Duncan M. Sinclair increased his stake by purchasing 500 shares at an average cost of GBX 9,725 ($129.30), demonstrating confidence in the company's future.

Mountview Estates P.L.C. (LON:MTVW - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as £100 ($134.48) and last traded at £100 ($134.48), with a volume of 35 shares trading hands. The stock had previously closed at GBX 9,850 ($132.46).

Mountview Estates Trading Up 1.2%

The company has a market capitalization of £379.29 million, a P/E ratio of 21.80 and a beta of 0.47. The stock's 50 day moving average is GBX 9,726.84 and its 200-day moving average is GBX 9,403.08. The company has a debt-to-equity ratio of 16.64, a current ratio of 121.68 and a quick ratio of 0.79.

Mountview Estates (LON:MTVW - Get Free Report) last posted its quarterly earnings results on Thursday, June 19th. The company reported GBX 602.50 ($8.10) EPS for the quarter. Mountview Estates had a net margin of 21.89% and a return on equity of 4.37%.

Insiders Place Their Bets

In other Mountview Estates news, insider Duncan M. Sinclair acquired 6,500 shares of the company's stock in a transaction on Monday, July 21st. The stock was acquired at an average cost of GBX 9,740 ($130.98) per share, with a total value of £633,100 ($851,398.60). Insiders own 73.33% 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.