Arbuthnot Banking Group (LON:ARBB) Share Price Passes Below 200 Day Moving Average of $906.77

Arbuthnot Banking Group PLC (LON:ARBBGet Rating)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 906.77 ($10.96) and traded as low as GBX 795 ($9.61). Arbuthnot Banking Group shares last traded at GBX 847.50 ($10.24), with a volume of 1,980 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Tuesday, July 19th.

Arbuthnot Banking Group Stock Performance

The firm has a market capitalization of £127.32 million and a PE ratio of 2,354.17. The business’s 50 day moving average is GBX 863.22 and its two-hundred day moving average is GBX 906.77.

Arbuthnot Banking Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 23rd. Investors of record on Thursday, August 25th will be paid a GBX 17 ($0.21) dividend. The ex-dividend date of this dividend is Thursday, August 25th. This represents a yield of 2.03%. Arbuthnot Banking Group’s dividend payout ratio is 105.56%.

Arbuthnot Banking Group Company Profile

(Get Rating)

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through 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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