Mortgage Advice Bureau (LON:MAB1) Sets New 1-Year Low – Time to Sell?

Mortgage Advice Bureau (Holdings) plc (LON:MAB1)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 362 and last traded at GBX 365, with a volume of 703602 shares trading hands. The stock had previously closed at GBX 380.

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their price objective on Mortgage Advice Bureau from GBX 1,150 to GBX 975 and set a “buy” rating on the stock in a report on Wednesday, September 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Mortgage Advice Bureau presently has an average rating of “Buy” and an average price target of GBX 975.

Mortgage Advice Bureau Stock Performance

The company has a quick ratio of 2.21, a current ratio of 0.71 and a debt-to-equity ratio of 24.62. The stock has a fifty day moving average price of GBX 515.12 and a 200-day moving average price of GBX 537.53. The firm has a market cap of £210.29 million, a price-to-earnings ratio of 14.15, a price-to-earnings-growth ratio of 0.81 and a beta of 1.03.

Insider Buying and Selling

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach acquired 366 shares of the stock in a transaction on Friday, July 31st. The shares were bought at an average price of GBX 523 per share, with a total value of £1,914.18. Insiders have bought a total of 763 shares of company stock valued at $398,138 in the last three months. 24.49% of the stock is owned by company insiders.

Mortgage Advice Bureau Company Profile

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.