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Mortgage Advice Bureau (LON:MAB1) Share Price Passes Below 50-Day Moving Average - What's Next?

Mortgage Advice Bureau logo with Financial Services background

Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 842.18 ($11.30) and traded as low as GBX 804 ($10.79). Mortgage Advice Bureau shares last traded at GBX 830 ($11.14), with a volume of 203,412 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 1,150 ($15.44) price objective on shares of Mortgage Advice Bureau in a research report on Wednesday, May 21st.

Read Our Latest Stock Report on MAB1

Mortgage Advice Bureau Stock Performance

The business's fifty day moving average price is GBX 842.18 and its 200-day moving average price is GBX 783.59. The stock has a market cap of £481.04 million, a PE ratio of 44.26, a P/E/G ratio of 0.81 and a beta of 1.14.

Insider Buying and Selling at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 231 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was purchased at an average cost of GBX 878 ($11.79) per share, with a total value of £2,028.18 ($2,722.39). Also, insider Ben Thompson purchased 55 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was bought at an average price of GBX 845 ($11.34) per share, with a total value of £464.75 ($623.83). In the last quarter, insiders acquired 874 shares of company stock worth $729,331. Corporate insiders own 20.02% of the company's stock.

About Mortgage Advice Bureau

(Get Free Report)

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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