Arbuthnot Banking Group (LON:ARBB) Sets New 12-Month Low – Time to Sell?

Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week low during trading on Friday . The company traded as low as GBX 770 and last traded at GBX 809.10, with a volume of 85851 shares traded. The stock had previously closed at GBX 810.

Analysts Set New Price Targets

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

Arbuthnot Banking Group Trading Down 0.1%

The stock has a fifty day moving average of GBX 827.24 and a 200-day moving average of GBX 848.25. The firm has a market capitalization of £132.05 million, a price-to-earnings ratio of 6.95, a PEG ratio of 0.38 and a beta of 0.46.

Arbuthnot Banking Group (LON:ARBB) last issued its earnings results on Tuesday, July 21st. The company reported GBX 49.90 EPS for the quarter. Arbuthnot Banking Group had a return on equity of 6.84% and a net margin of 6.41%. As a group, equities research analysts forecast 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.