Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month High – Time to Buy?

Arbuthnot Banking Group PLC (LON:ARBBGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 775 and last traded at GBX 867.40, with a volume of 3208 shares changing hands. The stock had previously closed at GBX 860.

Arbuthnot Banking Group Stock Up 0.9%

The company has a market capitalization of £141.56 million, a price-to-earnings ratio of 8.66, a P/E/G ratio of 0.38 and a beta of 1.00. The company’s 50 day simple moving average is GBX 882.59 and its two-hundred day simple moving average is GBX 921.69.

About Arbuthnot Banking Group

(Get Free Report)

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.

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