Arbuthnot Banking Group (LON:ARBB) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 911.02 ($11.84) and traded as low as GBX 865 ($11.25). Arbuthnot Banking Group shares last traded at GBX 905 ($11.77), with a volume of 1,027 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Thursday, February 20th.

Arbuthnot Banking Group Trading Up 1.1 %

The firm has a market cap of £143.98 million, a PE ratio of 4.71, a P/E/G ratio of 0.38 and a beta of 1.00. The company’s 50-day moving average is GBX 898.35 and its 200 day moving average is GBX 910.52.

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.