Insider Buying: Mortgage Advice Bureau (LON:MAB1) Insider Purchases £19,954.32 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Rachel Haworth acquired 5,452 shares of the firm’s stock in a transaction dated Monday, October 19th. The stock was bought at an average price of GBX 366 per share, with a total value of £19,954.32.

Mortgage Advice Bureau Stock Performance

Shares of MAB1 opened at GBX 374.50 on Friday. Mortgage Advice Bureau has a 1 year low of GBX 322 and a 1 year high of GBX 818. The stock has a market capitalization of £215.76 million, a PE ratio of 14.52, a PEG ratio of 0.81 and a beta of 1.06. The company has a debt-to-equity ratio of 43.59, a quick ratio of 2.21 and a current ratio of 0.60. The stock has a 50-day simple moving average of GBX 413.70 and a 200-day simple moving average of GBX 493.25.

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

Wall Street Analysts Forecast Growth

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