Mortgage Advice Bureau (LON:MAB1) Insider Orlando Machado Buys 3,819 Shares of Company Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Orlando Machado acquired 3,819 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was purchased at an average price of GBX 393 per share, for a total transaction of £15,008.67.

Mortgage Advice Bureau Trading Down 0.6%

Shares of LON:MAB1 traded down GBX 2.50 during trading on Tuesday, hitting GBX 403. 1,441,158 shares of the company’s stock were exchanged, compared to its average volume of 451,076. The company has a current ratio of 0.60, a quick ratio of 2.21 and a debt-to-equity ratio of 43.59. The firm has a market cap of £232.18 million, a P/E ratio of 15.62, a PEG ratio of 0.81 and a beta of 1.06. The firm has a 50-day moving average price of GBX 396.77 and a two-hundred day moving average price of GBX 530.86. Mortgage Advice Bureau has a 1-year low of GBX 322 and a 1-year high of GBX 818.

Mortgage Advice Bureau (LON:MAB1) last released its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 6.30 EPS for the quarter. Mortgage Advice Bureau had a return on equity of 16.94% and a net margin of 3.59%. Equities analysts predict that Mortgage Advice Bureau will post 44.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 975 price objective on shares of Mortgage Advice Bureau in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 975.

About Mortgage Advice Bureau

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.