Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month Low – Time to Sell?

Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 865 ($10.56) and last traded at GBX 898 ($10.96), with a volume of 824 shares trading hands. The stock had previously closed at GBX 895 ($10.93).

Wall Street Analysts Forecast Growth

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

Arbuthnot Banking Group Price Performance

The company has a market cap of £142.47 million, a P/E ratio of 468.09, a P/E/G ratio of 0.38 and a beta of 1.00. The business has a 50-day moving average of GBX 903.77 and a two-hundred day moving average of GBX 935.09.

Insider Transactions at Arbuthnot Banking Group

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 ($10.99) per share, for a total transaction of £1,044,000 ($1,274,725.27). Insiders own 64.32% of the company’s stock.

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.