Mountview Estates (LON:MTVW) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Key Points

• Mountview Estates stock has surpassed its fifty-day moving average, trading at GBX 9,900 ($134.29) following a high of GBX 9,900 during recent trading.
• The company reported earnings of GBX 602.50 per share, with a net margin of 21.89% and a return on equity of 4.37% in its latest quarterly earnings.
• Insider Duncan M. Sinclair purchased 6,500 shares at an average cost of GBX 9,740, indicating confidence from insiders in the company's performance.

Shares of Mountview Estates P.L.C. (LON:MTVW - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 9,850.62 ($133.51) and traded as high as GBX 9,900 ($134.18). Mountview Estates shares last traded at GBX 9,900 ($134.18), with a volume of 138 shares changing hands.

Mountview Estates Stock Performance

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 firm's 50 day moving average is GBX 9,857.58 and its 200-day moving average is GBX 9,586.91. The firm has a market cap of £381.40 million, a price-to-earnings ratio of 1,623.57 and a beta of 0.47.

Mountview Estates (LON:MTVW - Get Free Report) last released its earnings results on Thursday, June 19th. The company reported GBX 602.50 earnings per share 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 news, insider Duncan M. Sinclair bought 6,500 shares of the business's stock in a transaction on Monday, July 21st. The stock was purchased at an average price of GBX 9,740 per share, with a total value of £633,100. 28.74% of the stock is currently owned by corporate 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.