Mortgage Advice Bureau (LON:MAB1) Reaches New 52-Week Low - What's Next?

Key Points

• Shares hit a new 52‑week low: LON:MAB1 traded as low as GBX 496.50 and last at GBX 511 (down ~3.2%) on a volume of 303,732 shares, trading below its 50‑ and 200‑day moving averages.
• Analyst outlook shows upside: Berenberg reaffirmed a "Buy" and the consensus price target is GBX 1,150, implying substantial analyst‑implied upside versus the current share price.
• Fundamentals and insider activity: The company reported quarterly EPS of GBX 44.50 with a P/E of 19.8 and PEG of 0.81 (market cap £296.5m), and an insider recently bought 366 shares at GBX 523 while insiders hold 24.3% of stock.

Shares of Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 496.50 and last traded at GBX 511, with a volume of 303732 shares changing hands. The stock had previously closed at GBX 528.

Analyst Ratings Changes

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

Mortgage Advice Bureau Trading Down 3.2%

The business's 50-day moving average price is GBX 574.70 and its two-hundred day moving average price is GBX 653.68. The company has a market capitalization of £296.49 million, a P/E ratio of 19.81, a PEG ratio of 0.81 and a beta of 1.10. The company has a debt-to-equity ratio of 24.62, a current ratio of 0.71 and a quick ratio of 2.21.

Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last announced its quarterly earnings results on Tuesday, March 17th. The company reported GBX 44.50 earnings per share for the quarter. Mortgage Advice Bureau had a net margin of 4.75% and a return on equity of 20.53%. As a group, analysts forecast that Mortgage Advice Bureau will post 44.7385003 EPS for the current fiscal year.

Insider Buying and Selling at Mortgage Advice Bureau

In other news, insider Nathan James McLean Imlach purchased 366 shares of Mortgage Advice Bureau stock in a transaction dated Thursday, April 30th. The shares were bought at an average cost of GBX 523 per share, with a total value of £1,914.18. 24.30% of the stock is currently owned by corporate insiders.

About Mortgage Advice Bureau

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.