Arbuthnot Banking Group (LON:ARBB) Hits New 1-Year Low – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week low on Thursday . The stock traded as low as GBX 805 and last traded at GBX 825, with a volume of 11517 shares changing hands. The stock had previously closed at GBX 820.

Wall Street Analysts Forecast Growth

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 Stock Performance

The company’s 50-day simple moving average is GBX 838.75 and its 200 day simple moving average is GBX 866.02. The company has a market cap of £134.64 million, a PE ratio of 7.56, a PEG ratio of 0.38 and a beta of 0.46.

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.