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

Shares of Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 775 and last traded at GBX 840, with a volume of 11904 shares. The stock had previously closed at GBX 840.

Arbuthnot Banking Group Price Performance

The stock’s 50-day moving average is GBX 871.02 and its 200-day moving average is GBX 883.65. The firm has a market cap of £137.09 million, a P/E ratio of 7.70, a price-to-earnings-growth ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last posted its quarterly earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 7.55% and a return on equity of 6.53%. As a group, analysts expect 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.