Arbuthnot Banking Group (LON:ARBB) Reaches New 52-Week Low – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 830 ($10.16) and last traded at GBX 860 ($10.52), with a volume of 7040 shares. The stock had previously closed at GBX 870 ($10.64).

Analyst Ratings Changes

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

Arbuthnot Banking Group Trading Up 0.8 %

The stock has a market capitalization of £140.42 million, a PE ratio of 461.33, a P/E/G ratio of 0.38 and a beta of 1.00. The stock has a 50 day moving average price of GBX 898.43 and a 200-day moving average price of GBX 930.57.

Insiders Place Their Bets

In other Arbuthnot Banking Group news, insider Henry Angest purchased 116,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were acquired at an average price of GBX 900 ($11.01) per share, for a total transaction of £1,044,000 ($1,277,376.73). 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.