Arbuthnot Banking Group (LON:ARBB) Sets New 52-Week High – Time to Buy?
by Danessa Lincoln · The Markets DailyArbuthnot Banking Group PLC (LON:ARBB – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 775 and last traded at GBX 885, with a volume of 5773 shares traded. The stock had previously closed at GBX 875.
Arbuthnot Banking Group Stock Performance
The firm has a 50-day moving average price of GBX 880.32 and a 200 day moving average price of GBX 917.35. The stock has a market capitalization of £144.43 million, a P/E ratio of 8.83, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00.
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. 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.