Arbuthnot Banking Group (LON:ARBB) Stock Crosses Below 200-Day Moving Average – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 845.19 and traded as low as GBX 797. Arbuthnot Banking Group shares last traded at GBX 800, with a volume of 5,152 shares trading hands.

Wall Street Analyst Weigh In

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

Arbuthnot Banking Group Price Performance

The company’s 50-day moving average is GBX 822.08 and its 200-day moving average is GBX 845.19. The firm has a market capitalization of £130.56 million, a price-to-earnings ratio of 6.87, a PEG ratio of 0.38 and a beta of 0.46.

Arbuthnot Banking Group (LON:ARBB) last issued its quarterly earnings results on Tuesday, July 21st. The company reported GBX 49.90 EPS for the quarter. Arbuthnot Banking Group had a net margin of 6.41% and a return on equity of 6.84%. Sell-side analysts anticipate 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.