Arbuthnot Banking Group (LON:ARBB) Reaches New 12-Month Low – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 805 and last traded at GBX 820, with a volume of 19948 shares. The stock had previously closed at GBX 820.

Analyst Ratings Changes

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 company’s 50-day moving average is GBX 833.04 and its 200-day moving average is GBX 862.75. The stock has a market cap of £133.82 million, a price-to-earnings ratio of 7.52, a price-to-earnings-growth 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.