Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month Low – What’s Next?

Shares of Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week low during trading on Monday. The stock traded as low as GBX 650 and last traded at GBX 815, with a volume of 5361 shares traded. The stock had previously closed at GBX 796.

Analysts Set New Price Targets

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

Arbuthnot Banking Group Stock Performance

The company’s fifty day moving average price is GBX 807.67 and its 200 day moving average price is GBX 833.23. The firm has a market capitalization of £133.01 million, a price-to-earnings ratio of 7.00, a price-to-earnings-growth ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last released 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 net margin of 6.41% and a return on equity of 6.84%. As a group, sell-side analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

Insider Transactions at Arbuthnot Banking Group

In related news, insider Henry Angest acquired 20,000 shares of Arbuthnot Banking Group stock in a transaction that occurred on Tuesday, September 29th. The stock was acquired at an average price of GBX 801 per share, for a total transaction of £160,200. 61.10% of the stock is owned by corporate 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.