Arbuthnot Banking Group (LON:ARBB) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Arbuthnot Banking Group PLC (LON:ARBB) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 868.90 and traded as low as GBX 805. Arbuthnot Banking Group shares last traded at GBX 850, with a volume of 4,912 shares traded.

Analyst Ratings Changes

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

Arbuthnot Banking Group Price Performance

The stock has a market cap of £138.72 million, a PE ratio of 7.79, a P/E/G ratio of 0.38 and a beta of 0.46. The business has a 50 day moving average price of GBX 843.88 and a 200 day moving average price of GBX 868.90.

Arbuthnot Banking Group (LON:ARBB) last released its quarterly earnings data on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 7.55% and a return on equity of 6.53%. On average, research analysts predict that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share 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.