Arbuthnot Banking Group (LON:ARBB) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Arbuthnot Banking Group PLC (LON:ARBBGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 936.73 and traded as low as GBX 861.55. Arbuthnot Banking Group shares last traded at GBX 867.50, with a volume of 801 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, October 23rd.

Get Our Latest Report on Arbuthnot Banking Group

Arbuthnot Banking Group Price Performance

The business’s fifty day simple moving average is GBX 888.02 and its two-hundred day simple moving average is GBX 936.73. The company has a market cap of £141.58 million, a PE ratio of 8.66, a PEG ratio of 0.38 and a beta of 1.00.

Arbuthnot Banking Group Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Arbuthnot Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbuthnot Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.