Mortgage Advice Bureau (LON:MAB1) Sets New 12-Month Low – Should You Sell?

Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 495 and last traded at GBX 511, with a volume of 520847 shares traded. The stock had previously closed at GBX 504.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,150 price objective on shares of Mortgage Advice Bureau in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Mortgage Advice Bureau currently has an average rating of “Buy” and a consensus target price of GBX 1,150.

Mortgage Advice Bureau Price Performance

The company’s 50-day moving average price is GBX 542 and its 200-day moving average price is GBX 626.24. The company has a debt-to-equity ratio of 24.62, a current ratio of 0.71 and a quick ratio of 2.21. The company has a market cap of £310.73 million, a P/E ratio of 20.93, a P/E/G ratio of 0.81 and a beta of 1.04.

Mortgage Advice Bureau (LON:MAB1) last issued its quarterly earnings data on Tuesday, March 17th. The company reported GBX 44.50 earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a net margin of 4.75% and a return on equity of 20.53%. As a group, sell-side analysts predict that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.

Insider Buying and Selling at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach bought 366 shares of Mortgage Advice Bureau stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average price of GBX 523 per share, with a total value of £1,914.18. Insiders have bought 1,073 shares of company stock valued at $585,515 over the last 90 days. 24.30% of the stock is owned by corporate insiders.

Mortgage Advice Bureau Company Profile

MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.

Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.