Arbuthnot Banking Group (LON:ARBB) Sets New 12-Month Low – Time to Sell?

Shares of Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 805 and last traded at GBX 825, with a volume of 11517 shares. The stock had previously closed at GBX 820.

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Stock Performance

The stock has a market capitalization of £133.82 million, a price-to-earnings ratio of 7.52, a price-to-earnings-growth ratio of 0.38 and a beta of 0.46. The business has a fifty day simple moving average of GBX 837.05 and a 200 day simple moving average of GBX 865.18.

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.