Mortgage Advice Bureau (LON:MAB1) Announces Earnings Results

Mortgage Advice Bureau (LON:MAB1) released its earnings results on Tuesday. The company reported GBX 27.60 ($0.36) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%.

Mortgage Advice Bureau Price Performance

LON:MAB1 opened at GBX 760 ($9.87) on Tuesday. Mortgage Advice Bureau has a 52-week low of GBX 528 ($6.86) and a 52-week high of GBX 984 ($12.78). The firm has a market cap of £440.47 million, a P/E ratio of 40.52, a PEG ratio of 0.81 and a beta of 1.14. The business’s 50-day moving average price is GBX 745.35 and its 200 day moving average price is GBX 695.32.

Insider Activity at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach purchased 292 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average price of GBX 745 ($9.68) per share, for a total transaction of £2,175.40 ($2,825.56). Insiders purchased 968 shares of company stock worth $679,542 in the last quarter. 20.02% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank assumed coverage on Mortgage Advice Bureau in a report on Monday, February 24th. They set a “buy” rating and a GBX 1,150 ($14.94) target price on the stock.

Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.