Mortgage Advice Bureau (LON:MAB1) Shares Up 7% – Time to Buy?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s share price traded up 7% during mid-day trading on Thursday . The stock traded as high as GBX 680 ($8.37) and last traded at GBX 674 ($8.30). 170,024 shares traded hands during trading, an increase of 181% from the average session volume of 60,599 shares. The stock had previously closed at GBX 630 ($7.76).

Mortgage Advice Bureau Trading Up 7.9 %

The company has a current ratio of 0.62, a quick ratio of 2.21 and a debt-to-equity ratio of 33.82. The business has a 50 day moving average of GBX 628.53 and a 200-day moving average of GBX 721.66. The stock has a market cap of £394.13 million, a PE ratio of 3,578.95, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14.

Insider Activity

In other news, insider Nathan James McLean Imlach acquired 268 shares of Mortgage Advice Bureau stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average price of GBX 793 ($9.76) per share, with a total value of £2,125.24 ($2,616.32). Also, insider Emilie McCarthy bought 747 shares of the stock in a transaction on Wednesday, November 13th. The stock was purchased at an average cost of GBX 602 ($7.41) per share, with a total value of £4,496.94 ($5,536.06). Insiders have purchased 1,737 shares of company stock worth $1,117,308 over the last three months. 20.02% of the stock is currently owned by corporate insiders.

About Mortgage Advice Bureau

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.