Mortgage Advice Bureau (LON:MAB1) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 660.17 ($8.19) and traded as high as GBX 868 ($10.77). Mortgage Advice Bureau shares last traded at GBX 868 ($10.77), with a volume of 44,872 shares.

Mortgage Advice Bureau Stock Up 2.1 %

The firm’s 50-day simple moving average is GBX 660.17 and its two-hundred day simple moving average is GBX 709.36. The company has a debt-to-equity ratio of 33.82, a current ratio of 0.62 and a quick ratio of 2.21. The company has a market capitalization of £503.09 million, a price-to-earnings ratio of 4,568.42, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14.

Insider Buying and Selling

In other news, insider Nathan James McLean Imlach bought 343 shares of the stock in a transaction on Friday, November 29th. The stock was purchased at an average cost of GBX 620 ($7.69) per share, with a total value of £2,126.60 ($2,638.13). Also, insider Emilie McCarthy acquired 747 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The shares were acquired at an average price of GBX 602 ($7.47) per share, for a total transaction of £4,496.94 ($5,578.64). Insiders have bought a total of 1,769 shares of company stock worth $1,123,784 in the last quarter. Company 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.