Mortgage Advice Bureau (LON:MAB1) Reaches New 12-Month Low – Time to Sell?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 569 and last traded at GBX 586, with a volume of 215421 shares traded. The stock had previously closed at GBX 592.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,150 price target on shares of Mortgage Advice Bureau in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 1,150.

Mortgage Advice Bureau Trading Down 1.0%

The company has a debt-to-equity ratio of 9.51, a quick ratio of 2.21 and a current ratio of 0.74. The firm has a 50-day moving average of GBX 694.08 and a 200-day moving average of GBX 694.76. The firm has a market capitalization of £340.01 million, a P/E ratio of 17.92, a price-to-earnings-growth ratio of 0.81 and a beta of 1.09.

Insider Activity

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 231 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were bought at an average cost of GBX 805 per share, with a total value of £1,859.55. 24.30% of the stock is owned by insiders.

Mortgage Advice Bureau Company Profile

MAB is one of the UK’s leading consumer intermediary brands and specialist networks for mortgage advisers.

Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.