Arbuthnot Banking Group (LON:ARBB) Hits New 52-Week Low – Time to Sell?

Arbuthnot Banking Group PLC (LON:ARBB)’s share price hit a new 52-week low on Wednesday . The stock traded as low as GBX 805 and last traded at GBX 820.90, with a volume of 12525 shares. The stock had previously closed at GBX 817.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “house stock” rating on shares of Arbuthnot Banking Group in a report on Wednesday, May 20th.

Arbuthnot Banking Group Stock Performance

The business has a 50 day moving average price of GBX 861.63 and a two-hundred day moving average price of GBX 877.51. The stock has a market cap of £133.97 million, a PE ratio of 7.52, a P/E/G ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last released its earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 7.55% and a return on equity of 6.53%. As a group, research analysts anticipate that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current 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.