Mortgage Advice Bureau (LON:MAB1) Reaches New 1-Year Low - Should You Sell?

Key Points

• Mortgage Advice Bureau (LON:MAB1) hit a new 52-week low
• Analysts remain positive: Berenberg reiterated a Buy rating and set a GBX 1,150 price target, and MarketBeat shows a consensus Buy with the same GBX 1,150 target.
• An insider (Nathan James McLean Imlach) purchased 231 shares at GBX 805 and insiders own 24.3% of the stock; the company has a market cap of £340.01m, a P/E of 17.92, PEG 0.81, current ratio 0.74 and debt-to-equity 9.51.

Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report)'s share price reached a new 52-week low 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.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and set a GBX 1,150 target price on shares of Mortgage Advice Bureau in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Mortgage Advice Bureau has a consensus rating of "Buy" and a consensus price target of GBX 1,150.

Mortgage Advice Bureau Trading Down 1.0%

The stock's 50 day simple moving average is GBX 694.08 and its 200 day simple moving average is GBX 694.76. The firm has a market cap of £340.01 million, a PE ratio of 17.92, a PEG ratio of 0.81 and a beta of 1.09. The company has a debt-to-equity ratio of 9.51, a quick ratio of 2.21 and a current ratio of 0.74.

Insider Buying and Selling

In other news, insider Nathan James McLean Imlach purchased 231 shares of the stock in a transaction on Friday, January 30th. The shares were acquired at an average price of GBX 805 per share, for a total transaction of £1,859.55. 24.30% of the stock is currently owned by corporate 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.

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