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

Arbuthnot Banking Group PLC (LON:ARBB) shares reached a new 52-week low during trading on Monday . The company traded as low as GBX 805 and last traded at GBX 820, with a volume of 19948 shares changing hands. The stock had previously closed at GBX 820.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a research report 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 company has a 50 day moving average of GBX 833.04 and a 200-day moving average of GBX 862.75.

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.