Arbuthnot Banking Group (LON:ARBB) Sets New 52-Week High – Should You Buy?

Shares of Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 775 and last traded at GBX 890, with a volume of 5786 shares trading hands. The stock had previously closed at GBX 880.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, October 23rd.

Arbuthnot Banking Group Price Performance

The stock has a market cap of £145.76 million, a P/E ratio of 8.91, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The stock’s 50-day moving average is GBX 914.74 and its two-hundred day moving average is GBX 960.69.

About Arbuthnot Banking Group

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.