Arbuthnot Banking Group (LON:ARBB) Hits New 1-Year Low – Should You Sell?

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 865 ($10.69) and last traded at GBX 898 ($11.10), with a volume of 824 shares traded. The stock had previously closed at GBX 895 ($11.06).

Wall Street Analysts Forecast Growth

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

Arbuthnot Banking Group Price Performance

The stock has a market cap of £145.39 million, a P/E ratio of 477.66, a PEG ratio of 0.38 and a beta of 1.00. The business’s fifty day moving average price is GBX 903.91 and its 200 day moving average price is GBX 935.60.

Insider Buying and Selling at Arbuthnot Banking Group

In other Arbuthnot Banking Group news, insider Henry Angest acquired 116,000 shares of Arbuthnot Banking Group stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average price of GBX 900 ($11.12) per share, with a total value of £1,044,000 ($1,290,482.08). Corporate insiders own 64.32% of the company’s stock.

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.