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

Key Points

• Mortgage Advice Bureau hit a new 52-week low, trading as low as GBX 536 and last at GBX 586 on heavy volume (~1.39M shares), well below its 50- and 200-day moving averages (around GBX 680).
• Berenberg reissued a Buy rating with a GBX 1,150 price target, and the consensus rating is Buy with an average target of GBX 1,150, implying significant upside from current levels.
• The company has a market cap of £340m, P/E ~17.9, P/E/G 0.81 and ROE 25.99%, while an insider recently purchased shares at GBX 805 and insiders own 24.3%, signaling insider confidence despite near-term weakness.

Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 536 and last traded at GBX 586, with a volume of 1389614 shares changing hands. The stock had previously closed at GBX 542.

Wall Street Analyst Weigh In

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

Mortgage Advice Bureau Price Performance

The firm has a market capitalization of £340.01 million, a P/E ratio of 17.92, a P/E/G 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. The stock has a 50 day moving average of GBX 679.60 and a two-hundred day moving average of GBX 686.24.

Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last issued its quarterly earnings data on Tuesday, March 17th. The company reported GBX 44.50 earnings per share for the quarter. Mortgage Advice Bureau had a net margin of 6.55% and a return on equity of 25.99%. Sell-side analysts predict that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.

Insider Buying and Selling at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 231 shares of the stock in a transaction on Friday, January 30th. The shares were purchased at an average price of GBX 805 per share, with a total value of £1,859.55. Corporate 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.

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