Mountview Estates (LON:MTVW) Sets New 1-Year High - Here's Why

Key Points

• Mountview Estates (LON:MTVW) reached a new 52-week high of £100 ($133.55) on Wednesday, with a last trading price of GBX 9,683 ($129.31).
• The company's most recent earnings per share were GBX 602.50 ($8.05) with a net margin of 21.89% and a return on equity of 4.37%.
• Insider Duncan M. Sinclair bought 500 shares for a total value of £48,625 ($64,937.23), contributing to the 73.33% insider ownership of the company.

Mountview Estates P.L.C. (LON:MTVW - Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as £100 ($132.73) and last traded at GBX 9,683 ($128.52), with a volume of 2562 shares changing hands. The stock had previously closed at GBX 9,775 ($129.75).

Mountview Estates Trading Down 1.1%

The business has a 50 day moving average of GBX 9,721.14 and a two-hundred day moving average of GBX 9,382.93. 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 firm has a market cap of £369.57 million, a P/E ratio of 21.24 and a beta of 0.47.

Mountview Estates (LON:MTVW - Get Free Report) last issued its quarterly earnings data on Thursday, June 19th. The company reported GBX 602.50 ($8.00) EPS for the quarter. Mountview Estates had a return on equity of 4.37% and a net margin of 21.89%.

Insider Activity

In related news, insider Duncan M. Sinclair bought 6,500 shares of the business's stock in a transaction that occurred on Monday, July 21st. The shares were bought at an average price of GBX 9,740 ($129.28) per share, with a total value of £633,100 ($840,323.87). 73.33% of the stock is owned by company 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.