Insider Buying: Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Insider Buys 36 Shares of Stock

Posted by Lars Charter on Jun 17th, 2024

Mortgage Advice Bureau (Holdings) plc (LON:MAB1 – Get Free Report) insider Ben Thompson acquired 36 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were bought at an average cost of GBX 832 ($10.59) per share, for a total transaction of £299.52 ($381.41).

Ben Thompson also recently made the following trade(s):

On Tuesday, May 14th, Ben Thompson acquired 36 shares of Mortgage Advice Bureau stock. The stock was purchased at an average price of GBX 845 ($10.76) per share, with a total value of £304.20 ($387.37).

Mortgage Advice Bureau Stock Performance

LON MAB1 traded up GBX 1.78 ($0.02) during trading hours on Monday, reaching GBX 816 ($10.39). The stock had a trading volume of 8,369 shares, compared to its average volume of 76,402. Mortgage Advice Bureau has a 52-week low of GBX 469.36 ($5.98) and a 52-week high of GBX 946 ($12.05). 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 stock has a market cap of £466.34 million, a P/E ratio of 3,433.33, a price-to-earnings-growth ratio of 0.81 and a beta of 1.13. The stock has a fifty day moving average of GBX 881.96 and a 200 day moving average of GBX 833.65.

Mortgage Advice Bureau Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 29th. Investors of record on Thursday, April 25th were given a dividend of GBX 14.70 ($0.19) per share. The ex-dividend date of this dividend was Thursday, April 25th. This is an increase from Mortgage Advice Bureau’s previous dividend of $13.40. This represents a yield of 1.84%. Mortgage Advice Bureau’s payout ratio is currently 11,666.67%.

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.