Key Points
- Insider buying continued: Nathan James McLean Imlach bought 355 Mortgage Advice Bureau shares on May 29 for about £1,913, adding to recent purchases in April as well.
- Stock has been under pressure: Mortgage Advice Bureau was trading down 3% at GBX 519, below both its 50-day and 200-day moving averages and near its 52-week low of GBX 496.50.
- Analysts remain positive: Berenberg reiterated a buy rating with a GBX 1,150 target price, while consensus data also shows an average buy rating.
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Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) insider Nathan James McLean Imlach purchased 355 shares of the company's stock in a transaction dated Friday, May 29th. The shares were acquired at an average cost of GBX 539 per share, for a total transaction of £1,913.45.
Nathan James McLean Imlach also recently made the following trade(s):
- On Thursday, April 30th, Nathan James McLean Imlach purchased 366 shares of Mortgage Advice Bureau stock. The shares were acquired at an average cost of GBX 523 per share, for a total transaction of £1,914.18.
- On Wednesday, April 15th, Nathan James McLean Imlach purchased 352 shares of Mortgage Advice Bureau stock. The shares were acquired at an average cost of GBX 576 per share, for a total transaction of £2,027.52.
Mortgage Advice Bureau Trading Down 3.0%
LON MAB1 opened at GBX 519 on Tuesday. The firm has a market cap of £298.65 million, a P/E ratio of 20.12, a P/E/G ratio of 0.81 and a beta of 1.04. 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 stock's 50-day moving average is GBX 543.24 and its 200-day moving average is GBX 630.50. Mortgage Advice Bureau has a one year low of GBX 496.50 and a one year high of GBX 924.
Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX 44.50 EPS for the quarter. Mortgage Advice Bureau had a return on equity of 20.53% and a net margin of 4.75%. Sell-side analysts anticipate that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 1,150 target price 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 data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of GBX 1,150.
Get Our Latest Stock Analysis on Mortgage Advice Bureau
About Mortgage Advice Bureau
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Get Free Report)
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.
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