Mortgage Advice Bureau (LON:MAB1) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 759.13 ($9.83) and traded as high as GBX 762 ($9.87). Mortgage Advice Bureau shares last traded at GBX 754.85 ($9.77), with a volume of 2,064,792 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank assumed coverage on shares of Mortgage Advice Bureau in a research note on Monday, February 24th. They set a “buy” rating and a GBX 1,150 ($14.89) price objective on the stock.

Mortgage Advice Bureau Trading Up 0.6 %

The firm’s fifty day moving average price is GBX 759.13 and its 200-day moving average price is GBX 694.68. The company has a market cap of £437.49 million, a price-to-earnings ratio of 40.25, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14.

Mortgage Advice Bureau (LON:MAB1) last posted its earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.36) earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%. As a group, research analysts anticipate that Mortgage Advice Bureau will post 44.7385003 EPS for the current year.

Mortgage Advice Bureau Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Thursday, April 24th will be issued a dividend of GBX 14.80 ($0.19) per share. This is an increase from Mortgage Advice Bureau’s previous dividend of $13.40. This represents a yield of 2%. The ex-dividend date of this dividend is Thursday, April 24th. Mortgage Advice Bureau’s dividend payout ratio (DPR) is 149.30%.

Insider Activity

In other news, insider Nathan James McLean Imlach acquired 292 shares of Mortgage Advice Bureau stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of GBX 745 ($9.65) per share, with a total value of £2,175.40 ($2,816.42). Insiders purchased 968 shares of company stock worth $679,542 over the last quarter. 20.02% of the stock is currently owned by company 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.