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

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 775 and last traded at GBX 905, with a volume of 9716 shares. The stock had previously closed at GBX 917.60.

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Stock Down 1.4%

The stock has a market capitalization of £147.70 million, a price-to-earnings ratio of 9.03, a P/E/G ratio of 0.38 and a beta of 1.00. The business’s 50 day simple moving average is GBX 967.34 and its 200-day simple moving average is GBX 962.70.

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.