Arbuthnot Banking Group (LON:ARBB) Sets New 1-Year Low – Should You Sell?

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

Wall Street Analysts Forecast Growth

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

Arbuthnot Banking Group Stock Performance

The company has a fifty day moving average of GBX 832.44 and a two-hundred day moving average of GBX 861.76. The firm has a market capitalization of £135.46 million, a price-to-earnings ratio of 7.61, a PEG ratio of 0.38 and a beta of 0.46.

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.