Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month High – Here’s Why

Arbuthnot Banking Group PLC (LON:ARBB) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 900 and last traded at GBX 820, with a volume of 24507 shares traded. The stock had previously closed at GBX 844.

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Price Performance

The stock has a market capitalization of £133.82 million, a P/E ratio of 7.52, a PEG ratio of 0.38 and a beta of 0.46. The stock has a 50 day moving average price of GBX 841.05 and a 200-day moving average price of GBX 867.89.

Arbuthnot Banking Group (LON:ARBB) last released its earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a return on equity of 6.53% and a net margin of 7.55%. Research analysts predict that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share 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.