Arbuthnot Banking Group (LON:ARBB) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Arbuthnot Banking Group PLC (LON:ARBB) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 963.64 ($12.87) and traded as low as GBX 894.10 ($11.95). Arbuthnot Banking Group shares last traded at GBX 910 ($12.16), with a volume of 12,447 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Tuesday, July 22nd.

Arbuthnot Banking Group Stock Up 1.5%

The firm has a market capitalization of £148.71 million, a PE ratio of 9.09, a PEG ratio of 0.38 and a beta of 1.00. The firm’s fifty day simple moving average is GBX 985.24 and its 200-day simple moving average is GBX 963.64.

Arbuthnot Banking Group (LON:ARBB) last issued its earnings results on Tuesday, July 22nd. The company reported GBX 42.50 earnings per share (EPS) for the quarter. Arbuthnot Banking Group had a net margin of 12.76% and a return on equity of 12.11%. As a group, analysts predict that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

Arbuthnot Banking Group Company Profile

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.