Mortgage Advice Bureau (LON:MAB1) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 577.65 and traded as low as GBX 521.04. Mortgage Advice Bureau shares last traded at GBX 546, with a volume of 96,569 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,150 target price on shares of Mortgage Advice Bureau in a report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 1,150.

Mortgage Advice Bureau Stock Up 1.1%

The firm has a 50 day simple moving average of GBX 531.36 and a two-hundred day simple moving average of GBX 577.65. The company has a quick ratio of 2.21, a current ratio of 0.71 and a debt-to-equity ratio of 24.62. The stock has a market capitalization of £314.57 million, a P/E ratio of 21.16, a PEG ratio of 0.81 and a beta of 1.04.

Insider Activity

In other news, insider Nathan James McLean Imlach bought 369 shares of the stock in a transaction on Tuesday, June 30th. The stock was acquired at an average price of GBX 520 per share, with a total value of £1,918.80. Insiders have acquired 1,090 shares of company stock worth $574,643 in the last three months. 24.49% of the stock is currently owned by corporate 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.