Mortgage Advice Bureau (LON:MAB1) Insider Buys £1,913.45 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Nathan James McLean Imlach purchased 355 shares of the stock in a transaction on Friday, May 29th. The shares were purchased at an average price of GBX 539 per share, with a total value of £1,913.45.

Nathan James McLean Imlach also recently made the following trade(s):

• On Thursday, April 30th, Nathan James McLean Imlach acquired 366 shares of Mortgage Advice Bureau stock. The shares were bought at an average cost of GBX 523 per share, with a total value of £1,914.18.
• On Wednesday, April 15th, Nathan James McLean Imlach acquired 352 shares of Mortgage Advice Bureau stock. The shares were bought at an average cost of GBX 576 per share, with a total value of £2,027.52.

Mortgage Advice Bureau Trading Down 3.0%

Shares of MAB1 stock traded down GBX 16 during trading hours on Monday, hitting GBX 519. 138,752 shares of the company were exchanged, compared to its average volume of 433,991. 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. Mortgage Advice Bureau has a fifty-two week low of GBX 496.50 and a fifty-two week high of GBX 924. The company has a debt-to-equity ratio of 24.62, a quick ratio of 2.21 and a current ratio of 0.71. The company has a 50 day simple moving average of GBX 543.70 and a two-hundred day simple moving average of GBX 631.93.

Mortgage Advice Bureau (LON:MAB1) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 44.50 EPS for the quarter. Mortgage Advice Bureau had a net margin of 4.75% and a return on equity of 20.53%. Equities analysts anticipate that Mortgage Advice Bureau will post 44.7385003 EPS for the current year.

Wall Street Analyst Weigh In

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

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.