Arbuthnot Banking Group (LON:ARBB) Hits New 52-Week Low – Should You Sell?

Arbuthnot Banking Group PLC (LON:ARBB) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 700 and last traded at GBX 826.40, with a volume of 1521 shares trading hands. The stock had previously closed at GBX 830.

Analyst Ratings Changes

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

Arbuthnot Banking Group Stock Performance

The business’s 50 day moving average is GBX 854.29 and its 200-day moving average is GBX 872.98. The stock has a market cap of £134.87 million, a price-to-earnings ratio of 7.57, a PEG ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last released its quarterly earnings results 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%. Sell-side analysts anticipate 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.