Mortgage Advice Bureau (LON:MAB1) Shares Pass Below Fifty Day Moving Average of $835.24

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 835.24 ($10.56) and traded as low as GBX 829.43 ($10.48). Mortgage Advice Bureau shares last traded at GBX 876 ($11.07), with a volume of 79,362 shares.

Mortgage Advice Bureau Trading Down 4.4 %

The company has a debt-to-equity ratio of 37.69, a quick ratio of 2.21 and a current ratio of 0.75. The business has a 50 day simple moving average of GBX 835.24 and a 200-day simple moving average of GBX 714.64. The stock has a market capitalization of £478.21 million, a P/E ratio of 4,610.53, a price-to-earnings-growth ratio of 0.81 and a beta of 1.11.

Mortgage Advice Bureau Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be issued a dividend of GBX 14.70 ($0.19) per share. This is a positive change from Mortgage Advice Bureau’s previous dividend of $13.40. This represents a yield of 1.84%. The ex-dividend date of this dividend is Thursday, April 25th. Mortgage Advice Bureau’s payout ratio is presently 14,736.84%.

Insiders Place Their Bets

In other Mortgage Advice Bureau news, insider Ben Thompson acquired 38 shares of the stock in a transaction dated Monday, January 15th. The shares were bought at an average price of GBX 813 ($10.27) per share, with a total value of £308.94 ($390.42). In related news, insider Nathan James McLean Imlach bought 238 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The shares were acquired at an average cost of GBX 790 ($9.98) per share, for a total transaction of £1,880.20 ($2,376.09). Also, insider Ben Thompson purchased 38 shares of the firm’s stock in a transaction that occurred on Monday, January 15th. The stock was bought at an average price of GBX 813 ($10.27) per share, with a total value of £308.94 ($390.42). Over the last three months, insiders have acquired 845 shares of company stock worth $690,414. 20.30% of the stock is owned by corporate insiders.

About Mortgage Advice Bureau

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. It 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.