Mortgage Advice Bureau (LON:MAB1) Share Price Crosses Below 50 Day Moving Average - Should You Sell?

Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 850.02 ($11.46) and traded as low as GBX 806 ($10.87). Mortgage Advice Bureau shares last traded at GBX 820 ($11.06), with a volume of 52,423 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 1,150 ($15.51) target price on shares of Mortgage Advice Bureau in a report on Wednesday, May 21st.

Mortgage Advice Bureau Price Performance

The stock has a market cap of £468.30 million, a PE ratio of 43.08, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14. The stock has a 50-day moving average price of GBX 848.74 and a two-hundred day moving average price of GBX 778.25.

Insider Transactions at Mortgage Advice Bureau

In related news, insider Ben Thompson purchased 55 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The stock was bought at an average price of GBX 845 ($11.40) per share, for a total transaction of £464.75 ($626.77). Also, insider Nathan James McLean Imlach purchased 271 shares of the company's stock in a transaction that occurred on Wednesday, April 30th. The stock was bought at an average price of GBX 804 ($10.84) per share, with a total value of £2,178.84 ($2,938.42). In the last 90 days, insiders have bought 874 shares of company stock valued at $729,331. Company insiders own 20.02% of the company's stock.

Mortgage Advice Bureau Company Profile

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.