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

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) shares crossed 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 trading hands.

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 Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 1,150.

Mortgage Advice Bureau Stock Performance

The company has a market cap of £302.10 million, a PE ratio of 20.35, a PEG ratio of 0.81 and a beta of 1.04. The company has a current ratio of 0.71, a quick ratio of 2.21 and a debt-to-equity ratio of 24.62. The stock has a 50 day moving average price of GBX 541.39 and a 200 day moving average price of GBX 621.69.

Mortgage Advice Bureau (LON:MAB1) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 44.50 earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a return on equity of 20.53% and a net margin of 4.75%. Sell-side analysts predict 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 the stock in a transaction on Thursday, April 30th. The stock was acquired at an average price of GBX 523 per share, for a total transaction of £1,914.18. Insiders acquired a total of 1,073 shares of company stock worth $585,515 in the last three months. 24.52% of the stock is currently owned by insiders.

Mortgage Advice Bureau Company Profile

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.