Arbuthnot Banking Group (LON:ARBB) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Arbuthnot Banking Group PLC (LON:ARBB) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 918.50 ($11.56) and traded as low as GBX 916 ($11.53). Arbuthnot Banking Group shares last traded at GBX 964.60 ($12.14), with a volume of 1,833 shares.

Wall Street Analysts Forecast Growth

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

Arbuthnot Banking Group Trading Down 6.9 %

The company’s 50 day moving average is GBX 899.59 and its 200 day moving average is GBX 917.62. The company has a market cap of £141.63 million, a PE ratio of 4.63, a P/E/G ratio of 0.38 and a beta of 1.00.

Insider Buying and Selling at Arbuthnot Banking Group

In related news, insider Henry Angest acquired 116,000 shares of Arbuthnot Banking Group stock in a transaction on Monday, November 25th. The stock was acquired at an average price of GBX 900 ($11.33) per share, for a total transaction of £1,044,000 ($1,313,703.28). 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.