Arbuthnot Banking Group (LON:ARBB) Sets New 1-Year High – Here’s Why

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 775 and last traded at GBX 888.60, with a volume of 9868 shares traded. The stock had previously closed at GBX 887.40.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, October 23rd.

Arbuthnot Banking Group Trading Up 0.6%

The company has a market cap of £145.25 million, a price-to-earnings ratio of 8.88, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The company has a fifty day moving average price of GBX 890.30 and a two-hundred day moving average price of GBX 944.72.

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.