Arbuthnot Banking Group (LON:ARBB) Sets New 1-Year Low – Here’s What Happened

Arbuthnot Banking Group PLC (LON:ARBB) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 760 and last traded at GBX 780, with a volume of 20173 shares changing hands. The stock had previously closed at GBX 790.

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Price Performance

The stock has a market cap of £127.30 million, a P/E ratio of 6.70, a P/E/G ratio of 0.38 and a beta of 0.45. The company’s 50 day simple moving average is GBX 817.28 and its 200 day simple moving average is GBX 840.79.

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