Mountview Estates (LON:MTVW) Share Price Crosses Above 50-Day Moving Average - What's Next?

Mountview Estates P.L.C. (LON:MTVW - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 9,026.37 ($115.34) and traded as high as GBX 9,200 ($117.56). Mountview Estates shares last traded at GBX 9,200 ($117.56), with a volume of 487 shares changing hands.

Mountview Estates Price Performance

The company has a current ratio of 121.68, a quick ratio of 0.79 and a debt-to-equity ratio of 16.64. The stock's 50-day moving average price is GBX 9,050.21 and its 200-day moving average price is GBX 8,977.17. The company has a market cap of £354.66 million, a P/E ratio of 20.38 and a beta of 0.47.

Mountview Estates Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 20th were paid a dividend of GBX 250 ($3.19) per share. This represents a dividend yield of 2.71%. The ex-dividend date of this dividend was Thursday, February 20th. Mountview Estates's payout ratio is 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.