Arbuthnot Banking Group (LON:ARBB) Stock Passes Above Fifty Day Moving Average of $1,185.68

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Arbuthnot Banking Group Plc (LON:ARBB)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1,185.68 and traded as high as $1,220.00. Arbuthnot Banking Group shares last traded at $1,220.00, with a volume of 782 shares traded.

Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Wednesday, November 13th.

The company has a 50 day moving average of GBX 1,185.68 and a 200 day moving average of GBX 1,270.12. The firm has a market cap of $181.65 million and a price-to-earnings ratio of -8.75.

About Arbuthnot Banking Group (LON:ARBB)

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. The company offers a range of bank accounts, loans, and overdrafts, as well as foreign trade services. It also provides wealth structuring, tax mitigation, estate preservation, and retirement planning services.

Read More: Earnings Per Share (EPS)

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