Mortgage Advice Bureau (LON:MAB1) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 751.10 ($9.42) and traded as low as GBX 646.25 ($8.11). Mortgage Advice Bureau shares last traded at GBX 669.41 ($8.40), with a volume of 28,782 shares traded.

Mortgage Advice Bureau Price Performance

The business has a 50 day simple moving average of GBX 674.35 and a 200-day simple moving average of GBX 751.10. The company has a market capitalization of £387.99 million, a P/E ratio of 3,523.23, a PEG ratio of 0.81 and a beta of 1.14. The company has a quick ratio of 2.21, a current ratio of 0.62 and a debt-to-equity ratio of 33.82.

Insider Activity at Mortgage Advice Bureau

In other news, insider Nathan James McLean Imlach bought 268 shares of the business’s stock in a transaction on Thursday, October 31st. The stock was purchased at an average cost of GBX 793 ($9.95) per share, for a total transaction of £2,125.24 ($2,665.55). Also, insider Ben Thompson bought 40 shares of the firm’s stock in a transaction that occurred on Monday, October 14th. The shares were purchased at an average cost of GBX 727 ($9.12) per share, with a total value of £290.80 ($364.73). Insiders have bought a total of 5,103 shares of company stock worth $3,130,578 in the last ninety days. 20.02% of the stock is owned by insiders.

Mortgage Advice Bureau Company Profile

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.