Arbuthnot Banking Group (LON:ARBB) Hits New 52-Week Low – Time to Sell?

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 805 and last traded at GBX 820.90, with a volume of 12525 shares trading hands. The stock had previously closed at GBX 817.50.

Analysts Set New Price Targets

Separately, Shore Capital Group reissued a “house stock” rating on shares of Arbuthnot Banking Group in a report on Wednesday, May 20th.

Arbuthnot Banking Group Stock Up 0.4%

The stock has a 50-day simple moving average of GBX 861.63 and a two-hundred day simple moving average of GBX 877.51. The firm has a market cap of £133.97 million, a PE ratio of 7.52, a P/E/G ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX 109.10 EPS for the quarter. Arbuthnot Banking Group had a return on equity of 6.53% and a net margin of 7.55%. Research analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

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.