Arbuthnot Banking Group (LON:ARBB) Hits New 1-Year Low – Here’s What Happened

Arbuthnot Banking Group PLC (LON:ARBB) shares hit a new 52-week low on Tuesday . The company traded as low as GBX 690 and last traded at GBX 845, with a volume of 8393 shares changing hands. The stock had previously closed at GBX 827.50.

Analysts Set New Price Targets

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

Arbuthnot Banking Group Trading Up 3.1%

The company has a market capitalization of £136.27 million, a P/E ratio of 7.65, a PEG ratio of 0.38 and a beta of 0.46. The firm’s 50 day moving average price is GBX 846.52 and its two-hundred day moving average price is GBX 870.33.

Arbuthnot Banking Group (LON:ARBB) last announced its quarterly earnings data 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 earnings per share for the current fiscal 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.