Mortgage Advice Bureau (LON:MAB1) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Mortgage Advice Bureau (Holdings) plc (LON:MAB1Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 686.24 and traded as low as GBX 540. Mortgage Advice Bureau shares last traded at GBX 544, with a volume of 538,778 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,150 price objective on shares of Mortgage Advice Bureau in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Mortgage Advice Bureau presently has an average rating of “Buy” and a consensus price target of GBX 1,150.

Check Out Our Latest Research Report on MAB1

Mortgage Advice Bureau Price Performance

The stock has a market capitalization of £315.64 million, a P/E ratio of 16.64, a PEG ratio of 0.81 and a beta of 1.09. The company has a debt-to-equity ratio of 9.51, a quick ratio of 2.21 and a current ratio of 0.74. The firm has a fifty day moving average price of GBX 679.60 and a two-hundred day moving average price of GBX 686.24.

Insiders Place Their Bets

In other news, insider Nathan James McLean Imlach bought 231 shares of the company’s stock in a transaction on Friday, January 30th. The shares were acquired at an average cost of GBX 805 per share, with a total value of £1,859.55. Corporate insiders own 24.30% of the company’s stock.

Mortgage Advice Bureau Company Profile

(Get Free Report)

MAB is one of the UK’s leading consumer intermediary brands and specialist networks for mortgage advisers.

Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.

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