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

Mountview Estates P.L.C. (LON:MTVW) shares hit a new 52-week low during mid-day trading 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 Trading Up 1.1 %

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 moving average of GBX 8,943.87 and a 200-day moving average of GBX 9,336.68. The company has a market capitalization of £343.20 million, a P/E ratio of 1,193.42 and a beta of 0.47.

Mountview Estates Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be paid a dividend of GBX 250 ($3.18) 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 7,544.58%.

Insider Transactions at Mountview Estates

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