Arbuthnot Banking Group (LON:ARBB) Hits New 52-Week Low – Should You Sell?

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 700 and last traded at GBX 826.40, with a volume of 1521 shares. The stock had previously closed at GBX 830.

Wall Street Analysts Forecast Growth

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

Arbuthnot Banking Group Price Performance

The firm has a market cap of £134.87 million, a PE ratio of 7.57, a price-to-earnings-growth ratio of 0.38 and a beta of 0.45. The stock’s fifty day moving average price is GBX 854.29 and its 200-day moving average price is GBX 872.98.

Arbuthnot Banking Group (LON:ARBB) last announced its quarterly earnings results 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, sell-side analysts anticipate that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current fiscal year.

Arbuthnot Banking Group Company Profile

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.