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

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 805 and last traded at GBX 820.90, with a volume of 12525 shares changing hands. The stock had previously closed at GBX 817.50.

Analysts Set New Price Targets

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

Arbuthnot Banking Group Price Performance

The company’s 50-day simple moving average is GBX 860.15 and its 200-day simple moving average is GBX 876.35. The stock has a market capitalization of £134.64 million, a price-to-earnings ratio of 7.56, a P/E/G ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last issued its quarterly earnings data 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%. Research analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share 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.