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

Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 765 and last traded at GBX 790, with a volume of 221529 shares changing hands. The stock had previously closed at GBX 830.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Tuesday, July 21st.

Arbuthnot Banking Group Price Performance

The business’s fifty day moving average price is GBX 829.31 and its 200-day moving average price is GBX 852.59. The stock has a market capitalization of £135.46 million, a PE ratio of 7.12, a P/E/G ratio of 0.38 and a beta of 0.46.

Arbuthnot Banking Group (LON:ARBB) last posted its earnings results on Tuesday, July 21st. The company reported GBX 49.90 earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 6.41% and a return on equity of 6.84%. On average, analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current fiscal year.

About Arbuthnot Banking Group

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.