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

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 775 and last traded at GBX 825, with a volume of 7523 shares trading hands. The stock had previously closed at GBX 850.

Wall Street Analyst Weigh In

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

Arbuthnot Banking Group Stock Down 3.6%

The company has a 50-day moving average of GBX 866.04 and a 200 day moving average of GBX 879.92. The firm has a market capitalization of £132.19 million, a PE ratio of 7.42, a PEG ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last posted its earnings results on Thursday, March 26th. The company reported GBX 109.10 EPS for the quarter. Arbuthnot Banking Group had a return on equity of 6.53% and a net margin of 7.55%. As a group, equities analysts anticipate that Arbuthnot Banking Group PLC will post 169.2518248 EPS for the current fiscal 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.