Arbuthnot Banking Group (LON:ARBB) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Arbuthnot Banking Group PLC (LON:ARBB) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 826.88 and traded as low as GBX 780. Arbuthnot Banking Group shares last traded at GBX 790, with a volume of 10,723 shares.

Analysts Set New Price Targets

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

Arbuthnot Banking Group Stock Performance

The firm’s 50 day moving average is GBX 799.70 and its 200-day moving average is GBX 825.50. The firm has a market cap of £135.29 million, a price-to-earnings ratio of 7.12, a price-to-earnings-growth ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last announced 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 return on equity of 6.84% and a net margin of 6.41%. As a group, research analysts predict that Arbuthnot Banking Group PLC will post 169.25 EPS for the current year.

Insider Activity

In other Arbuthnot Banking Group news, insider Henry Angest acquired 20,000 shares of the business’s stock in a transaction dated Tuesday, September 29th. The shares were acquired at an average price of GBX 801 per share, with a total value of £160,200. 61.22% of the stock is owned by company insiders.

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.