Mountview Estates (LON:MTVW) Stock Price Crosses Above 50 Day Moving Average - Should You Sell?

Mountview Estates P.L.C. (LON:MTVW - Get Free Report)'s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 9,579.14 ($128.82) and traded as high as GBX 9,873 ($132.77). Mountview Estates shares last traded at GBX 9,873 ($132.77), with a volume of 272 shares traded.

Mountview Estates Trading Up 1.3%

The firm has a market capitalization of £369.91 million, a PE ratio of 21.26 and a beta of 0.47. 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 company's 50-day moving average price is GBX 9,587.14 and its 200-day moving average price is GBX 9,204.61.

Mountview Estates (LON:MTVW - Get Free Report) last announced its quarterly earnings results on Thursday, June 19th. The company reported GBX 602.50 ($8.10) earnings per share 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 business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 20th were given a GBX 250 ($3.36) dividend. The ex-dividend date of this dividend was Thursday, February 20th. This represents a yield of 2.71%. Mountview Estates's dividend payout ratio (DPR) is presently 120.56%.

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.