Mortgage Advice Bureau (LON:MAB1) Insider Mike Jones Purchases 5,833 Shares of Company Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1 – Get Free Report) insider Mike Jones purchased 5,833 shares of Mortgage Advice Bureau stock in a transaction dated Friday, October 9th. The stock was acquired at an average price of GBX 343 per share, for a total transaction of £20,007.19.

Mortgage Advice Bureau Trading Down 0.7%

LON MAB1 opened at GBX 355 on Wednesday. The company has a debt-to-equity ratio of 43.59, a quick ratio of 2.21 and a current ratio of 0.60. Mortgage Advice Bureau has a one year low of GBX 322 and a one year high of GBX 818. The company has a 50-day simple moving average of GBX 436.98 and a 200-day simple moving average of GBX 502.06. The firm has a market capitalization of £204.53 million, a PE ratio of 13.76, a price-to-earnings-growth ratio of 0.81 and a beta of 1.06.

Mortgage Advice Bureau (LON:MAB1 – Get Free Report) last released its quarterly earnings data 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, equities analysts forecast that Mortgage Advice Bureau will post 44.74 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 975 target price on shares of Mortgage Advice Bureau in a report on Tuesday, September 22nd. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target 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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