Mountview Estates (LON:MTVW) Shares Pass Above Fifty Day Moving Average - Here's Why

Mountview Estates P.L.C. (LON:MTVW - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 9,340.27 ($126.22) and traded as high as GBX 9,850 ($133.11). Mountview Estates shares last traded at GBX 9,850 ($133.11), with a volume of 1 shares trading hands.

Mountview Estates Price Performance

The firm has a fifty day moving average of GBX 9,356.87 and a two-hundred day moving average of GBX 9,091.32. The stock has a market capitalization of £375.63 million, a P/E ratio of 21.59 and a beta of 0.47. 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 firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 20th were given a GBX 250 ($3.38) dividend. The ex-dividend date was Thursday, February 20th. This represents a dividend yield of 2.71%. Mountview Estates's payout ratio 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.