Arbuthnot Banking Group (LON:ARBB) Reaches New 52-Week Low – Here’s What Happened

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 830 ($10.13) and last traded at GBX 860 ($10.50), with a volume of 7040 shares traded. The stock had previously closed at GBX 870 ($10.62).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, December 19th.

Arbuthnot Banking Group Trading Down 1.1 %

The stock has a market capitalization of £139.23 million, a price-to-earnings ratio of 457.45, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The company has a fifty day moving average of GBX 901.43 and a two-hundred day moving average of GBX 932.61.

Insider Transactions at Arbuthnot Banking Group

In other Arbuthnot Banking Group news, insider Henry Angest acquired 116,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was acquired at an average price of GBX 900 ($10.99) per share, with a total value of £1,044,000 ($1,274,569.65). 64.32% of the stock is owned by corporate insiders.

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.