Mortgage Advice Bureau (LON:MAB1) Releases Quarterly Earnings Results

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

Mortgage Advice Bureau Price Performance

LON:MAB1 traded down GBX 16.50 during trading hours on Friday, hitting GBX 346. The company’s stock had a trading volume of 521,416 shares, compared to its average volume of 416,838. Mortgage Advice Bureau has a twelve month low of GBX 346 and a twelve month high of GBX 818. 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 stock has a fifty day simple moving average of GBX 485.43 and a 200-day simple moving average of GBX 521.38. The company has a market capitalization of £199.34 million, a P/E ratio of 13.41, a PEG ratio of 0.81 and a beta of 1.03.

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Insider Buying and Selling at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach acquired 369 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average price of GBX 520 per share, for a total transaction of £1,918.80. Over the last quarter, insiders have bought 763 shares of company stock valued at $398,138. 24.49% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 975 price objective on shares of Mortgage Advice Bureau in a report on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Mortgage Advice Bureau presently has a consensus rating of “Buy” and an average price target of GBX 975.

Get Our Latest Stock Analysis on Mortgage Advice Bureau

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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