Arbuthnot Banking Group (LON:ARBB) Hits New 52-Week Low – Here’s Why

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 760 and last traded at GBX 780, with a volume of 20173 shares. The stock had previously closed at GBX 790.

Analyst Ratings Changes

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

Arbuthnot Banking Group Stock Up 1.6%

The company’s 50-day moving average is GBX 815.78 and its 200 day moving average is GBX 839.50. The company has a market cap of £130.56 million, a price-to-earnings ratio of 6.87, a price-to-earnings-growth ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last issued its quarterly earnings data on Tuesday, July 21st. The company reported GBX 49.90 earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 6.41% and a return on equity of 6.84%. Analysts predict 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.