Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month Low – Time to Sell?

Arbuthnot Banking Group PLC (LON:ARBB) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 700 and last traded at GBX 850, with a volume of 6528 shares. The stock had previously closed at GBX 825.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Wednesday, May 20th.

Arbuthnot Banking Group Price Performance

The stock has a market capitalization of £138.72 million, a P/E ratio of 7.79, a PEG ratio of 0.38 and a beta of 0.45. The company’s 50 day simple moving average is GBX 857.27 and its two-hundred day simple moving average is GBX 874.24.

Arbuthnot Banking Group (LON:ARBB) last announced its earnings results on Thursday, March 26th. The company reported GBX 109.10 EPS for the quarter. Arbuthnot Banking Group had a return on equity of 6.53% and a net margin of 7.55%. On average, research analysts anticipate that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current fiscal year.

Arbuthnot Banking Group Company Profile

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. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.