Mortgage Advice Bureau (LON:MAB1) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 660.17 ($8.19) and traded as high as GBX 868 ($10.77). Mortgage Advice Bureau shares last traded at GBX 868 ($10.77), with a volume of 44,872 shares changing hands.

Mortgage Advice Bureau Stock Up 2.1 %

The stock has a market cap of £503.09 million, a PE ratio of 4,568.42, a P/E/G ratio of 0.81 and a beta of 1.14. The business has a 50 day moving average of GBX 660.17 and a 200-day moving average of GBX 709.36. The company has a current ratio of 0.62, a quick ratio of 2.21 and a debt-to-equity ratio of 33.82.

Insider Transactions at Mortgage Advice Bureau

In other news, insider Nathan James McLean Imlach acquired 331 shares of the stock in a transaction that occurred on Tuesday, December 31st. The shares were purchased at an average cost of GBX 642 ($7.96) per share, for a total transaction of £2,125.02 ($2,636.17). Also, insider Emilie McCarthy acquired 747 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average price of GBX 602 ($7.47) per share, with a total value of £4,496.94 ($5,578.64). Over the last ninety days, insiders have acquired 1,769 shares of company stock worth $1,123,784. Insiders own 20.02% of the company’s stock.

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.