Arbuthnot Banking Group (LON:ARBB) Reaches New 12-Month Low – Here’s Why

Shares of Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week low on Wednesday . The stock traded as low as GBX 830 ($10.13) and last traded at GBX 860 ($10.50), with a volume of 7040 shares. The stock had previously closed at GBX 870 ($10.62).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, December 19th.

Arbuthnot Banking Group Price Performance

The business has a fifty day moving average price of GBX 901.43 and a two-hundred day moving average price of GBX 932.61. The firm has a market cap of £139.23 million, a PE ratio of 457.45, a P/E/G ratio of 0.38 and a beta of 1.00.

Insider Buying and Selling at Arbuthnot Banking Group

In related news, insider Henry Angest bought 116,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was bought at an average price of GBX 900 ($10.99) per share, with a total value of £1,044,000 ($1,274,569.65). Company insiders own 64.32% of the company’s stock.

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.