Shawbrook Group (LON:SHAW) Reaches New 12-Month Low – Here’s Why

Shawbrook Group plc (LON:SHAW) shares reached a new 52-week low on Friday . The stock traded as low as GBX 337 and last traded at GBX 345.63, with a volume of 1673611 shares. The stock had previously closed at GBX 367.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “buy” rating on shares of Shawbrook Group in a research report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Shawbrook Group Stock Performance

The business has a fifty day simple moving average of GBX 436.16. The firm has a market capitalization of £1.79 billion and a PE ratio of 14.09.

Shawbrook Group (LON:SHAW) last posted its quarterly earnings results on Thursday, March 12th. The company reported GBX 47 earnings per share (EPS) for the quarter.

About Shawbrook Group

Shawbrook Group plc is a lending and savings bank. The Company operates through four segments: Property Finance, Business Finance, Consumer Lending and Central. The Property Finance segment provides mortgages for investors, businesses and personal customers. It serves professional landlords and property traders in residential and commercial asset classes across long-term and shorter-term finance. The Business Finance segment includes propositions, such as the Regional Business Centers that provide finance solutions; Structured Finance proposition, which consists of lending to small and medium enterprise (SME) finance companies, and Specialist Sectors proposition, which consists of leasing and hire purchase finance solutions.