Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Insider Acquires £2,028.18 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Nathan James McLean Imlach acquired 231 shares of the business’s stock in a transaction dated Tuesday, July 1st. The shares were acquired at an average cost of GBX 878 ($11.98) per share, with a total value of £2,028.18 ($2,768.09).

Nathan James McLean Imlach also recently made the following trade(s):

• On Friday, May 30th, Nathan James McLean Imlach bought 264 shares of Mortgage Advice Bureau stock. The stock was bought at an average cost of GBX 824 ($11.25) per share, for a total transaction of £2,175.36 ($2,968.96).
• On Wednesday, April 30th, Nathan James McLean Imlach purchased 271 shares of Mortgage Advice Bureau stock. The stock was bought at an average cost of GBX 804 ($10.97) per share, with a total value of £2,178.84 ($2,973.71).

Mortgage Advice Bureau Stock Up 3.4%

LON MAB1 opened at GBX 908 ($12.39) on Friday. The stock’s 50-day simple moving average is GBX 848.62 and its two-hundred day simple moving average is GBX 770.07. Mortgage Advice Bureau has a twelve month low of GBX 528 ($7.21) and a twelve month high of GBX 984 ($13.43). The company has a market capitalization of £526.25 million, a price-to-earnings ratio of 48.42, a PEG ratio of 0.81 and a beta of 1.14.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,150 ($15.70) price objective on shares of Mortgage Advice Bureau in a research report on Wednesday, May 21st.

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.