Mortgage Advice Bureau (LON:MAB1) Hits New 1-Year Low – Should You Sell?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) shares hit a new 52-week low during trading on Thursday. The company traded as low as GBX 334.50 and last traded at GBX 336.50, with a volume of 6743030 shares changing hands. The stock had previously closed at GBX 356.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set 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, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 975.

Mortgage Advice Bureau Stock Down 5.5%

The stock has a fifty day moving average price of GBX 470.20 and a two-hundred day moving average price of GBX 515.26. The company has a market cap of £193.87 million, a price-to-earnings ratio of 13.04, a P/E/G ratio of 0.81 and a beta of 1.03. The company has a quick ratio of 2.21, a current ratio of 0.60 and a debt-to-equity ratio of 43.59.

Mortgage Advice Bureau (LON:MAB1) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 6.30 EPS for the quarter. Mortgage Advice Bureau had a net margin of 3.59% and a return on equity of 16.94%. As a group, sell-side analysts expect that Mortgage Advice Bureau will post 44.7385003 EPS for the current year.

Insider Activity

In related news, insider Nathan James McLean Imlach purchased 366 shares of Mortgage Advice Bureau stock in a transaction that occurred on Friday, July 31st. The shares were acquired at an average price of GBX 523 per share, with a total value of £1,914.18. Company insiders own 24.49% of the company’s stock.

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.