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

Arbuthnot Banking Group PLC (LON:ARBB) shares reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 800 and last traded at GBX 830, with a volume of 33513 shares changing hands. The stock had previously closed at GBX 835.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Tuesday, July 21st.

Arbuthnot Banking Group Stock Performance

The stock has a market cap of £137.09 million, a P/E ratio of 7.21, a P/E/G ratio of 0.38 and a beta of 0.46. The stock has a 50-day moving average price of GBX 831.02 and a 200-day moving average price of GBX 854.96.

Arbuthnot Banking Group (LON:ARBB) last posted its quarterly earnings data on Tuesday, July 21st. The company reported GBX 49.90 earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 6.41% and a return on equity of 6.84%. Sell-side analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current fiscal year.

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. 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.