Arbuthnot Banking Group (LON:ARBB) Sets New 52-Week High – Time to Buy?

Arbuthnot Banking Group PLC (LON:ARBB) shares reached a new 52-week high on Monday . The company traded as high as GBX 775 and last traded at GBX 890, with a volume of 5786 shares traded. The stock had previously closed at GBX 880.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, October 23rd.

Arbuthnot Banking Group Price Performance

The firm’s 50-day moving average price is GBX 919.04 and its 200 day moving average price is GBX 961.04. The firm has a market capitalization of £145.25 million, a price-to-earnings ratio of 8.88, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00.

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.