Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 804.80 ($10.90) and traded as high as GBX 870 ($11.79). Mortgage Advice Bureau shares last traded at GBX 862 ($11.68), with a volume of 52,358 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 1,150 ($15.58) target price on shares of Mortgage Advice Bureau in a research note on Wednesday, May 21st.
Check Out Our Latest Stock Analysis on Mortgage Advice Bureau
Mortgage Advice Bureau Stock Performance
The firm has a market capitalization of £479.88 million, a P/E ratio of 44.15, a P/E/G ratio of 0.81 and a beta of 1.14. The stock's 50 day simple moving average is GBX 811.22 and its 200 day simple moving average is GBX 748.27.
Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 27.60 ($0.37) earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a net margin of 4.41% and a return on equity of 15.33%. On average, analysts anticipate that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.
Mortgage Advice Bureau Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Thursday, April 24th were given a dividend of GBX 14.80 ($0.20) per share. This is a boost from Mortgage Advice Bureau's previous dividend of $13.40. The ex-dividend date of this dividend was Thursday, April 24th. This represents a yield of 2%. Mortgage Advice Bureau's dividend payout ratio is presently 149.30%.
Insider Activity at Mortgage Advice Bureau
In related news, insider Ben Thompson bought 55 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were acquired at an average price of GBX 845 ($11.45) per share, for a total transaction of £464.75 ($629.66). Also, insider Nathan James McLean Imlach bought 264 shares of the company's stock in a transaction dated Friday, May 30th. The stock was bought at an average price of GBX 824 ($11.16) per share, for a total transaction of £2,175.36 ($2,947.24). Insiders bought 629 shares of company stock valued at $511,736 over the last 90 days. Insiders own 20.02% of the company's stock.
About Mortgage Advice Bureau
(
Get Free Report)
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.
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