Arbuthnot Banking Group (LON:ARBB) Reaches New 52-Week High – Should You Buy?

Arbuthnot Banking Group PLC (LON:ARBB) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 775 and last traded at GBX 830, with a volume of 376 shares. The stock had previously closed at GBX 870.

Arbuthnot Banking Group Trading Down 4.6%

The business has a fifty day moving average of GBX 873.12 and a 200-day moving average of GBX 884.91. The firm has a market cap of £135.46 million, a PE ratio of 7.61, a PEG ratio of 0.38 and a beta of 0.54.

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 return on equity of 6.53% and a net margin of 7.55%. On average, equities analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 EPS for the current 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.