Mortgage Advice Bureau (LON:MAB1) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 763.72 ($9.64) and traded as low as GBX 638 ($8.05). Mortgage Advice Bureau shares last traded at GBX 640 ($8.08), with a volume of 24,359 shares.

Mortgage Advice Bureau Price Performance

The stock has a market capitalization of £370.94 million, a PE ratio of 3,368.42, a P/E/G ratio of 0.81 and a beta of 1.14. The firm’s 50 day simple moving average is GBX 687.23 and its 200 day simple moving average is GBX 762.92. The company has a debt-to-equity ratio of 33.82, a current ratio of 0.62 and a quick ratio of 2.21.

Mortgage Advice Bureau Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 3rd were given a GBX 13.40 ($0.17) dividend. This represents a yield of 2.46%. The ex-dividend date of this dividend was Thursday, October 3rd. Mortgage Advice Bureau’s payout ratio is presently 14,736.84%.

Insider Buying and Selling at Mortgage Advice Bureau

In other news, insider Nathan James McLean Imlach bought 349 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of GBX 608 ($7.67) per share, for a total transaction of £2,121.92 ($2,678.18). Also, insider Ben Thompson purchased 50 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were purchased at an average price of GBX 592 ($7.47) per share, with a total value of £296 ($373.60). Insiders acquired a total of 7,600 shares of company stock worth $4,597,910 over the last three months. 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.