Mortgage Advice Bureau (LON:MAB1) Insider Purchases 3,819 Shares of Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Orlando Machado acquired 3,819 shares of Mortgage Advice Bureau stock in a transaction dated Monday, November 2nd. The shares were acquired at an average price of GBX 393 per share, with a total value of £15,008.67.

Mortgage Advice Bureau Stock Down 0.6%

Shares of LON:MAB1 traded down GBX 2.50 during midday trading on Tuesday, reaching GBX 403. The company had a trading volume of 1,441,158 shares, compared to its average volume of 451,076. The business’s 50 day moving average price is GBX 396.77 and its 200 day moving average price is GBX 530.86. Mortgage Advice Bureau has a 1-year low of GBX 322 and a 1-year high of GBX 818. The company has a quick ratio of 2.21, a current ratio of 0.60 and a debt-to-equity ratio of 43.59. The stock has a market cap of £232.18 million, a PE ratio of 15.62, a P/E/G ratio of 0.81 and a beta of 1.06.

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%. Research analysts forecast that Mortgage Advice Bureau will post 44.74 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.