Arbuthnot Banking Group (LON:ARBB) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 915.86 ($11.54) and traded as low as GBX 869 ($10.95). Arbuthnot Banking Group shares last traded at GBX 869 ($10.95), with a volume of 1,325 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, February 20th.

Arbuthnot Banking Group Price Performance

The business has a 50 day moving average of GBX 901.52 and a 200 day moving average of GBX 915.86. The company has a market cap of £146.49 million, a PE ratio of 4.79, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00.

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.