Mortgage Advice Bureau (LON:MAB1) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 692.87 ($8.72) and traded as high as GBX 860 ($10.82). Mortgage Advice Bureau shares last traded at GBX 854 ($10.75), with a volume of 882,294 shares changing hands.

Mortgage Advice Bureau Trading Down 1.2 %

The business has a 50-day moving average price of GBX 699.83 and a 200 day moving average price of GBX 705.02. The stock 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.

Insider Activity at Mortgage Advice Bureau

In other news, insider Nathan James McLean Imlach bought 331 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were purchased at an average price of GBX 642 ($8.08) per share, for a total transaction of £2,125.02 ($2,673.99). Over the last quarter, insiders bought 1,022 shares of company stock worth $674,090. Company insiders own 20.02% of the company’s stock.

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.