Arbuthnot Banking Group (LON:ARBB) Sets New 1-Year Low – Here’s What Happened

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 760 and last traded at GBX 780, with a volume of 20173 shares changing hands. The stock had previously closed at GBX 790.

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Trading Down 1.3%

The stock has a fifty day moving average of GBX 817.28 and a two-hundred day moving average of GBX 840.79. The stock has a market capitalization of £127.30 million, a price-to-earnings ratio of 6.70, a PEG ratio of 0.38 and a beta of 0.45.

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