Arbuthnot Banking Group (LON:ARBB) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Arbuthnot Banking Group PLC (LON:ARBBGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 863.14 and traded as low as GBX 814.85. Arbuthnot Banking Group shares last traded at GBX 815, with a volume of 8,100 shares traded.

Analyst Ratings Changes

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

Read Our Latest Report on ARBB

Arbuthnot Banking Group Price Performance

The company’s fifty day moving average price is GBX 833.94 and its 200 day moving average price is GBX 863.14. The company has a market cap of £133.01 million, a PE ratio of 7.47, a P/E/G ratio of 0.38 and a beta of 0.46.

About Arbuthnot Banking Group

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Arbuthnot Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbuthnot Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.