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

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 800 and last traded at GBX 825, with a volume of 3998 shares traded. The stock had previously closed at GBX 825.

Analyst Ratings Changes

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

Arbuthnot Banking Group Stock Performance

The company’s 50 day moving average is GBX 858.64 and its 200 day moving average is GBX 874.97. The stock has a market capitalization of £134.64 million, a price-to-earnings ratio of 7.56, 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 results on Thursday, March 26th. The company reported GBX 109.10 EPS for the quarter. Arbuthnot Banking Group had a net margin of 7.55% and a return on equity of 6.53%. 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.