Arbuthnot Banking Group (LON:ARBB) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 918.50 ($11.56) and traded as low as GBX 916 ($11.53). Arbuthnot Banking Group shares last traded at GBX 964.60 ($12.14), with a volume of 1,833 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Thursday, December 19th.

Arbuthnot Banking Group Stock Performance

The business’s 50-day simple moving average is GBX 899.59 and its 200 day simple moving average is GBX 917.62. The firm has a market cap of £141.63 million, a P/E ratio of 4.63, a P/E/G ratio of 0.38 and a beta of 1.00.

Insider Buying and Selling

In other Arbuthnot Banking Group news, insider Henry Angest acquired 116,000 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was purchased at an average price of GBX 900 ($11.33) per share, with a total value of £1,044,000 ($1,313,703.28). 64.32% of the stock is currently owned by corporate insiders.

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.