Arbuthnot Banking Group (LON:ARBB) Sets New 12-Month Low – Here’s Why

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 805 and last traded at GBX 840, with a volume of 560 shares. The stock had previously closed at GBX 850.

Analyst Ratings Changes

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

Arbuthnot Banking Group Stock Down 1.2%

The stock’s 50-day moving average price is GBX 843.88 and its 200-day moving average price is GBX 868.90. The company has a market capitalization of £137.09 million, a price-to-earnings ratio of 7.70, a price-to-earnings-growth ratio of 0.38 and a beta of 0.46.

Arbuthnot Banking Group (LON:ARBB) last issued its quarterly earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share 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 anticipate that Arbuthnot Banking Group PLC will post 169.2518248 EPS for the current 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.