AIB Group (LON:AIBG) Stock Jumps 2.8% – Here’s Why

Shares of AIB Group plc (LON:AIBG – Get Free Report) shot up 2.8% during trading on Monday. The company traded as high as GBX 964 and last traded at GBX 960. Approximately 20,491 shares traded hands during trading, a decline of 38% from the average session volume of 33,011 shares. The stock had previously closed at GBX 934.

AIB Group Stock Performance

The business’s 50 day moving average price is GBX 949.50 and its two-hundred day moving average price is GBX 887.34. The company has a market capitalization of £20.10 billion, a price-to-earnings ratio of 9.95 and a beta of 0.51.

About AIB Group

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AIB Group plc operates predominantly in Ireland and the United Kingdom. Our shares are quoted on the Euronext Dublin and the London stock exchange and we are a member of the FTSE4Good index. Our three core segments are: Retail Banking, Capital Markets and AIB UK. We also operate wholesale treasury activities along with control and support functions.

Further Reading

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