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

Mortgage Advice Bureau (Holdings) plc (LON:MAB1Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 583.58 and traded as low as GBX 516. Mortgage Advice Bureau shares last traded at GBX 524, with a volume of 50,898 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,150 target price on shares of Mortgage Advice Bureau in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 1,150.

Read Our Latest Stock Analysis on MAB1

Mortgage Advice Bureau Price Performance

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 company’s 50 day moving average price is GBX 530.88 and its 200 day moving average price is GBX 583.58. The firm has a market capitalization of £308.23 million, a P/E ratio of 20.74, a PEG ratio of 0.81 and a beta of 1.04.

Insider Buying and Selling

In other news, insider Nathan James McLean Imlach acquired 369 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were purchased at an average cost of GBX 520 per share, for a total transaction of £1,918.80. Insiders own 24.52% 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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