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

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s share price 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 reiterated a “buy” rating and set a GBX 1,150 price target on shares of Mortgage Advice Bureau in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 1,150.

Mortgage Advice Bureau Stock Down 4.4%

The firm has a market cap of £324.92 million, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 0.81 and a beta of 1.09. The firm’s 50 day moving average is GBX 674.44 and its two-hundred day moving average is GBX 684.49. 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 posted its earnings results on Tuesday, March 17th. The company reported GBX 44.50 earnings per share for the quarter. Mortgage Advice Bureau had a net margin of 4.75% and a return on equity of 20.53%. As a group, research analysts anticipate that Mortgage Advice Bureau will post 44.7385003 EPS for the current fiscal year.

Insider Activity at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach acquired 231 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were acquired at an average price of GBX 805 per share, with a total value of £1,859.55. 24.30% of the stock is currently owned by corporate insiders.

About Mortgage Advice Bureau

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.