Arbuthnot Banking Group (LON:ARBB) Reaches New 1-Year Low – What’s Next?

Shares of Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week low on Tuesday . The company traded as low as GBX 755 and last traded at GBX 795, with a volume of 23944 shares changing hands. The stock had previously closed at GBX 760.

Analyst Ratings Changes

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

Arbuthnot Banking Group Stock Up 4.6%

The firm’s 50-day simple moving average is GBX 814.08 and its 200-day simple moving average is GBX 838.29. The firm has a market capitalization of £129.74 million, a PE ratio of 6.82, 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 (EPS) for the quarter. Arbuthnot Banking Group had a net margin of 6.41% and a return on equity of 6.84%. On average, equities research analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

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.