Mortgage Advice Bureau (LON:MAB1) Releases Earnings Results

Mortgage Advice Bureau (LON:MAB1 – Get Free Report) issued its earnings results on Wednesday. The company reported GBX 6.30 EPS for the quarter, Digital Look Earnings reports. Mortgage Advice Bureau had a return on equity of 16.94% and a net margin of 3.59%.

Mortgage Advice Bureau Trading Down 3.1%

Shares of MAB1 stock traded down GBX 11.32 during trading hours on Friday, reaching GBX 351.18. The company had a trading volume of 512,473 shares, compared to its average volume of 416,790. The company has a debt-to-equity ratio of 43.59, a current ratio of 0.60 and a quick ratio of 2.21. The firm has a market cap of £202.33 million, a price-to-earnings ratio of 13.61, a P/E/G ratio of 0.81 and a beta of 1.03. The company has a 50 day moving average of GBX 485.43 and a 200 day moving average of GBX 521.38. Mortgage Advice Bureau has a 1-year low of GBX 348.68 and a 1-year high of GBX 818.

Insiders Place Their Bets

In other news, insider Nathan James McLean Imlach purchased 366 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was bought at an average price of GBX 523 per share, with a total value of £1,914.18. Insiders have acquired 763 shares of company stock valued at $398,138 in the last quarter. Company insiders own 24.49% of the company’s stock.

Analyst Ratings Changes

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

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About Mortgage Advice Bureau

(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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Earnings History for Mortgage Advice Bureau (LON:MAB1)

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