Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month Low – Here’s Why

Shares of Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 755 and last traded at GBX 795, with a volume of 23944 shares traded. The stock had previously closed at GBX 760.

Wall Street Analysts Forecast Growth

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

Arbuthnot Banking Group Price Performance

The firm has a market capitalization of £130.40 million, a P/E ratio of 6.86, a PEG ratio of 0.38 and a beta of 0.45. The firm’s 50 day moving average is GBX 812.58 and its two-hundred day moving average is GBX 837.24.

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