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

Shares of Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 690 and last traded at GBX 845, with a volume of 8393 shares traded. The stock had previously closed at GBX 827.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Wednesday, May 20th.

Arbuthnot Banking Group Stock Performance

The company has a market capitalization of £137.90 million, a PE ratio of 7.75, a PEG ratio of 0.38 and a beta of 0.46. The stock’s 50 day moving average is GBX 849.62 and its 200 day moving average is GBX 871.26.

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