Mortgage Advice Bureau (LON:MAB1) Shares Pass Above Fifty Day Moving Average of $869.02

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 869.02 ($10.92) and traded as high as GBX 880 ($11.06). Mortgage Advice Bureau shares last traded at GBX 862 ($10.83), with a volume of 209,698 shares trading hands.

Mortgage Advice Bureau Price Performance

The company has a 50-day moving average of GBX 869.02 and a 200-day moving average of GBX 789.03. The company has a debt-to-equity ratio of 28.45, a quick ratio of 2.21 and a current ratio of 0.60. The firm has a market capitalization of £481.20 million, a price-to-earnings ratio of 3,660.87, a price-to-earnings-growth ratio of 0.81 and a beta of 1.13.

Mortgage Advice Bureau Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Thursday, April 25th will be issued a GBX 14.70 ($0.18) dividend. This represents a dividend yield of 1.84%. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from Mortgage Advice Bureau’s previous dividend of $13.40. Mortgage Advice Bureau’s dividend payout ratio is 12,173.91%.

Insider Transactions at Mortgage Advice Bureau

In related news, insider Lucy Tilley acquired 32 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were acquired at an average cost of GBX 940 ($11.81) per share, with a total value of £300.80 ($377.89). In other news, insider Nathan James McLean Imlach purchased 238 shares of Mortgage Advice Bureau stock in a transaction on Tuesday, April 30th. The stock was purchased at an average price of GBX 890 ($11.18) per share, with a total value of £2,118.20 ($2,661.06). Also, insider Lucy Tilley acquired 32 shares of the stock in a transaction dated Monday, April 15th. The stock was acquired at an average price of GBX 940 ($11.81) per share, for a total transaction of £300.80 ($377.89). Insiders purchased 597 shares of company stock valued at $507,700 over the last quarter. Corporate insiders own 20.29% 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. 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.