Mountview Estates (LON:MTVW) Shares Pass Above 50 Day Moving Average – Should You Sell?

Mountview Estates P.L.C. (LON:MTVW)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 8,982.20 ($112.97) and traded as high as GBX 9,150 ($115.08). Mountview Estates shares last traded at GBX 9,100 ($114.45), with a volume of 2,000 shares trading hands.

Mountview Estates Trading Up 2.5 %

The business has a 50 day moving average of GBX 8,985.20 and a two-hundred day moving average of GBX 9,022.88. 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 has a market capitalization of £347.03 million, a price-to-earnings ratio of 19.95 and a beta of 0.47.

Mountview Estates Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a dividend of GBX 250 ($3.14) per share. This represents a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, February 20th. Mountview Estates’s payout ratio is 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.