Mortgage Advice Bureau (LON:MAB1) Hits New 52-Week High at $710.00

Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 710 ($9.28) and last traded at GBX 710 ($9.28), with a volume of 61991 shares trading hands. The stock had previously closed at GBX 700 ($9.15).

Separately, Shore Capital restated a “buy” rating on shares of Mortgage Advice Bureau in a report on Tuesday, September 24th.

The firm has a market capitalization of $364.90 million and a PE ratio of 27.51. The stock’s 50-day simple moving average is GBX 622.75 and its 200-day simple moving average is GBX 592.44.

In other news, insider Lucy Tilley bought 52 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was purchased at an average price of GBX 580 ($7.58) per share, with a total value of £301.60 ($394.09). Also, insider Nathan James McLean Imlach bought 215 shares of the stock in a transaction dated Friday, November 29th. The stock was purchased at an average price of GBX 705 ($9.21) per share, with a total value of £1,515.75 ($1,980.60). Over the last ninety days, insiders bought 958 shares of company stock valued at $585,224.

Mortgage Advice Bureau Company Profile (LON:MAB1)

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. The company offers its services over the phone and face to face for customers.

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