Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 850.02 ($11.47) 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.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,150 ($15.51) target price on shares of Mortgage Advice Bureau in a report on Wednesday, May 21st.
Read Our Latest Stock Analysis on MAB1
Mortgage Advice Bureau Stock Performance
The firm has a market capitalization of £467.13 million, a PE ratio of 42.98, a PEG ratio of 0.81 and a beta of 1.14. The company has a fifty day moving average price of GBX 848.74 and a 200-day moving average price of GBX 776.75.
Insiders Place Their Bets
In related news, insider Nathan James McLean Imlach acquired 271 shares of the firm's stock in a transaction that occurred on Wednesday, April 30th. The stock was purchased at an average cost of GBX 804 ($10.85) per share, for a total transaction of £2,178.84 ($2,939.21). Also, insider Ben Thompson acquired 55 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were bought at an average price of GBX 845 ($11.40) per share, with a total value of £464.75 ($626.94). Insiders have bought a total of 895 shares of company stock worth $744,304 in the last three months. Corporate insiders own 20.02% of the company's stock.
About Mortgage Advice Bureau
(
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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.
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