Arbuthnot Banking Group (LON:ARBB) Hits New 1-Year High – Here’s Why

Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week high during trading on Monday . The company traded as high as GBX 775 and last traded at GBX 850, with a volume of 553 shares changing hands. The stock had previously closed at GBX 860.

Arbuthnot Banking Group Trading Down 1.2%

The company has a market capitalization of £138.72 million, a PE ratio of 7.79, a price-to-earnings-growth ratio of 0.38 and a beta of 0.45. The business’s 50-day simple moving average is GBX 868.32 and its 200-day simple moving average is GBX 881.11.

Arbuthnot Banking Group (LON:ARBB) last released 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%. Sell-side analysts forecast 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.