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

Key Points

• The stock price of Mountview Estates (LON:MTVW) crossed above its fifty-day moving average, reaching £101 ($136.27) on Tuesday.
• Insider Duncan M. Sinclair purchased 500 shares of the company for a total of £48,625, reflecting strong insider confidence as they own 73.33% of the stock.
• Mountview Estates' recent financials include a net margin of 21.89% and earnings per share of GBX 602.50, indicating a solid performance.

Mountview Estates P.L.C. (LON:MTVW - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 9,767.63 ($132.05) and traded as high as £101 ($136.54). Mountview Estates shares last traded at £101 ($136.54), with a volume of 200 shares.

Mountview Estates Trading Down 0.8%

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 business has a fifty day simple moving average of GBX 9,783.47 and a 200 day simple moving average of GBX 9,480.27. The company has a market cap of £374.59 million, a P/E ratio of 21.53 and a beta of 0.47.

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

Insider Buying and Selling at Mountview Estates

In related news, insider Duncan M. Sinclair purchased 500 shares of the company's stock in a transaction dated Wednesday, July 23rd. The shares were acquired at an average cost of GBX 9,725 per share, for a total transaction of £48,625. Insiders own 73.33% of the company's stock.

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.