Mortgage Advice Bureau (LON:MAB1) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 621.69 and traded as low as GBX 506. Mortgage Advice Bureau shares last traded at GBX 525, with a volume of 279,523 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,150 price objective on shares of Mortgage Advice Bureau in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Mortgage Advice Bureau currently has a consensus rating of “Buy” and an average target price of GBX 1,150.

Mortgage Advice Bureau Price Performance

The company has a market capitalization of £302.10 million, a PE ratio of 20.35, a PEG ratio of 0.81 and a beta of 1.04. The firm has a fifty day moving average of GBX 541.39 and a two-hundred day moving average of GBX 621.69. The company has a current ratio of 0.71, a quick ratio of 2.21 and a debt-to-equity ratio of 24.62.

Mortgage Advice Bureau (LON:MAB1) last released its quarterly earnings data on Tuesday, March 17th. The company reported GBX 44.50 earnings per share for the quarter. Mortgage Advice Bureau had a return on equity of 20.53% and a net margin of 4.75%. Research analysts anticipate that Mortgage Advice Bureau will post 44.7385003 EPS for the current fiscal year.

Insider Transactions at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach acquired 366 shares of Mortgage Advice Bureau stock in a transaction on Thursday, April 30th. The shares were acquired at an average cost of GBX 523 per share, with a total value of £1,914.18. Over the last quarter, insiders have acquired 1,073 shares of company stock worth $585,515. 24.52% of the stock is currently owned by insiders.

About Mortgage Advice Bureau

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.