Mountview Estates (LON:MTVW) Stock Passes Above 50-Day Moving Average - What's Next?

Mountview Estates P.L.C. (LON:MTVW - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 9,243.33 ($123.46) and traded as high as GBX 9,750 ($130.23). Mountview Estates shares last traded at GBX 9,500 ($126.89), with a volume of 333 shares.

Mountview Estates Price Performance

The stock has a market cap of £370.87 million, a PE ratio of 21.32 and a beta of 0.47. The company has a 50-day simple moving average of GBX 9,259.54 and a 200-day simple moving average of GBX 9,063.11. 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 Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 20th were given a GBX 250 ($3.34) dividend. This represents a dividend yield of 2.71%. The ex-dividend date was Thursday, February 20th. Mountview Estates's dividend payout ratio is currently 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.