Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) crossed 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 ($9.86). Mortgage Advice Bureau shares last traded at GBX 754.85 ($9.77), with a volume of 2,064,792 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank initiated coverage on shares of Mortgage Advice Bureau in a report on Monday, February 24th. They set a "buy" rating and a GBX 1,150 ($14.88) target price on the stock.
Check Out Our Latest Stock Report on MAB1
Mortgage Advice Bureau Price Performance
The company has a fifty day moving average price of GBX 768.45 and a 200 day moving average price of GBX 696.59. The company has a market capitalization of £446.27 million, a P/E ratio of 41.06, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14.
Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last released its quarterly earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.36) earnings per share for the quarter. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%. On average, equities research analysts predict that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.
Mortgage Advice Bureau Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Thursday, April 24th will be issued a dividend of GBX 14.80 ($0.19) per share. This represents a dividend yield of 2%. This is an increase from Mortgage Advice Bureau's previous dividend of $13.40. The ex-dividend date of this dividend is Thursday, April 24th. Mortgage Advice Bureau's dividend payout ratio is currently 149.30%.
Insider Buying and Selling
In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 331 shares of Mortgage Advice Bureau stock in a transaction dated Tuesday, December 31st. The stock was bought at an average price of GBX 642 ($8.31) per share, for a total transaction of £2,125.02 ($2,750.48). In the last quarter, insiders have purchased 968 shares of company stock valued at $679,542. 20.02% of the stock is owned by corporate insiders.
About Mortgage Advice Bureau
(
Get Free Report)
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.
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