Mortgage Advice Bureau (LON:MAB1) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 590.28 and traded as low as GBX 513.34. Mortgage Advice Bureau shares last traded at GBX 534, with a volume of 1,048,007 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,150 price objective on shares of Mortgage Advice Bureau in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 1,150.

Mortgage Advice Bureau Stock Down 2.6%

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 company has a market capitalization of £301.71 million, a price-to-earnings ratio of 20.16, a P/E/G ratio of 0.81 and a beta of 1.10. The stock’s fifty day moving average price is GBX 590.28 and its 200-day moving average price is GBX 660.03.

Mortgage Advice Bureau (LON:MAB1) last announced its earnings results on Tuesday, March 17th. The company reported GBX 44.50 EPS for the quarter. Mortgage Advice Bureau had a net margin of 4.75% and a return on equity of 20.53%. On average, sell-side analysts predict that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.

Insider Activity at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach acquired 352 shares of Mortgage Advice Bureau stock in a transaction dated Wednesday, April 15th. The stock was bought at an average cost of GBX 576 per share, for a total transaction of £2,027.52. 24.30% of the stock is currently owned by corporate insiders.

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. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.