Mortgage Advice Bureau (LON:MAB1) Shares Up 7% – What’s Next?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s stock price was up 7% during mid-day trading on Thursday . The company traded as high as GBX 680 ($8.37) and last traded at GBX 674 ($8.30). Approximately 170,024 shares traded hands during trading, an increase of 181% from the average daily volume of 60,599 shares. The stock had previously closed at GBX 630 ($7.76).

Mortgage Advice Bureau Stock Performance

The stock’s 50-day moving average is GBX 628.53 and its 200-day moving average is GBX 721.66. The company has a current ratio of 0.62, a quick ratio of 2.21 and a debt-to-equity ratio of 33.82. The stock has a market cap of £394.13 million, a price-to-earnings ratio of 3,578.95, a P/E/G ratio of 0.81 and a beta of 1.14.

Insider Transactions at Mortgage Advice Bureau

In related news, insider Emilie McCarthy bought 747 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were acquired at an average cost of GBX 602 ($7.41) per share, for a total transaction of £4,496.94 ($5,536.06). Also, insider Nathan James McLean Imlach purchased 343 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was bought at an average price of GBX 620 ($7.63) per share, with a total value of £2,126.60 ($2,618.00). Insiders acquired 1,737 shares of company stock valued at $1,117,308 over the last 90 days. Corporate insiders own 20.02% of the company’s stock.

About Mortgage Advice Bureau

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.