Arbuthnot Banking Group (LON:ARBB) Hits New 52-Week Low - What's Next?


Arbuthnot Banking Group (LON:ARBB) Hits New 52-Week Low  - What's Next?

Arbuthnot Banking Group PLC (LON:ARBB - Get Free Report)'s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 865 ($10.69) and last traded at GBX 898 ($11.10), with a volume of 824 shares changing hands. The stock had previously closed at GBX 895 ($11.06).

Separately, Shore Capital restated a "house stock" rating on shares of Arbuthnot Banking Group in a report on Thursday, December 19th.

Get Our Latest Report on Arbuthnot Banking Group

The stock has a market capitalization of £145.39 million, a price-to-earnings ratio of 477.66, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The business has a fifty day simple moving average of GBX 903.91 and a 200 day simple moving average of GBX 935.60.

In other news, insider Henry Angest acquired 116,000 shares of Arbuthnot Banking Group stock in a transaction on Monday, November 25th. The shares were purchased at an average cost of GBX 900 ($11.12) per share, for a total transaction of £1,044,000 ($1,290,482.08). Corporate insiders own 64.32% of the company's stock.

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.

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