Mortgage Advice Bureau (LON:MAB1) Stock Passes Below 200 Day Moving Average – What’s Next?

Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 577.65 and traded as low as GBX 521.04. Mortgage Advice Bureau shares last traded at GBX 546, with a volume of 96,569 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,150 price target on shares of Mortgage Advice Bureau in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,150.

View Our Latest Stock Analysis on Mortgage Advice Bureau

Mortgage Advice Bureau Price Performance

The company’s 50-day simple moving average is GBX 531.36 and its 200-day simple moving average is GBX 577.65. The company has a debt-to-equity ratio of 24.62, a current ratio of 0.71 and a quick ratio of 2.21. The stock has a market capitalization of £314.57 million, a price-to-earnings ratio of 21.16, a P/E/G ratio of 0.81 and a beta of 1.04.

Insiders Place Their Bets

In other news, insider Nathan James McLean Imlach acquired 366 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were purchased at an average cost of GBX 523 per share, with a total value of £1,914.18. Over the last ninety days, insiders purchased 1,090 shares of company stock worth $574,643. Company insiders own 24.49% of the company’s stock.

Mortgage Advice Bureau Company Profile

(Get Free Report)

MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.

Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.

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