Arbuthnot Banking Group (LON:ARBB) Sets New 1-Year Low – Time to Sell?

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 800 and last traded at GBX 830, with a volume of 33513 shares trading hands. The stock had previously closed at GBX 835.

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Stock Performance

The firm’s 50-day simple moving average is GBX 831.14 and its 200 day simple moving average is GBX 855.78. The company has a market cap of £135.46 million, a P/E ratio of 7.61, a PEG ratio of 0.38 and a beta of 0.46.

Arbuthnot Banking Group (LON:ARBB) last announced its quarterly earnings data 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, research analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

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.