Mortgage Advice Bureau (LON:MAB1) Hits New 52-Week Low – Time to Sell?

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

Analyst Ratings Changes

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

Mortgage Advice Bureau Stock Down 1.4%

The firm has a market cap of £331.89 million, a price-to-earnings ratio of 17.49, a PEG ratio of 0.81 and a beta of 1.09. The company has a quick ratio of 2.21, a current ratio of 0.74 and a debt-to-equity ratio of 9.51. The firm has a fifty day moving average price of GBX 690.24 and a 200-day moving average price of GBX 692.07.

Insider Transactions at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach purchased 231 shares of the stock in a transaction on Friday, January 30th. The stock was bought at an average price of GBX 805 per share, for a total transaction of £1,859.55. Insiders own 24.30% of the company’s stock.

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.