Mountview Estates (LON:MTVW) Hits New 1-Year Low – Here’s Why

Mountview Estates P.L.C. (LON:MTVW)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 8,500 ($108.01) and last traded at GBX 8,500 ($108.01), with a volume of 65 shares traded. The stock had previously closed at GBX 8,800 ($111.82).

Mountview Estates Stock Up 1.1 %

The stock has a 50-day moving average of GBX 8,943.87 and a two-hundred day moving average of GBX 9,336.68. The company has a market cap of £343.20 million, a P/E ratio of 1,193.42 and a beta of 0.47. The company has a debt-to-equity ratio of 16.64, a quick ratio of 0.79 and a current ratio of 121.68.

Mountview Estates Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a GBX 250 ($3.18) dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 2.71%. Mountview Estates’s payout ratio is 7,544.58%.

Insider Buying and Selling at Mountview Estates

In related news, insider Andrew R. Williams acquired 300 shares of the stock in a transaction on Thursday, November 21st. The stock was purchased at an average price of GBX 8,900 ($113.09) per share, for a total transaction of £26,700 ($33,926.30). Corporate 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.