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

Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week high during trading on Monday . The company traded as high as GBX 775 and last traded at GBX 869, with a volume of 7730 shares changing hands. The stock had previously closed at GBX 856.10.

Arbuthnot Banking Group Trading Up 1.5%

The stock has a 50 day simple moving average of GBX 877.81 and a 200 day simple moving average of GBX 904.31. The stock has a market cap of £141.82 million, a P/E ratio of 8.67, a price-to-earnings-growth ratio of 0.38 and a beta of 0.60.

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.