Arbuthnot Banking Group (LON:ARBB) Shares Cross Below 200 Day Moving Average of $1,006.26

Arbuthnot Banking Group PLC (LON:ARBB) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,006.26 ($13.23) and traded as low as GBX 910 ($11.97). Arbuthnot Banking Group shares last traded at GBX 927.50 ($12.20), with a volume of 300 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, May 30th.

Arbuthnot Banking Group Trading Up 2.3 %

The firm has a market capitalization of £153.56 million, a P/E ratio of 493.35, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The company has a 50-day moving average of GBX 967.20 and a 200-day moving average of GBX 1,006.26.

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.