Arbuthnot Banking Group (LON:ARBB) Shares Pass Below Two Hundred Day Moving Average of $1,009.74

Arbuthnot Banking Group PLC (LON:ARBB) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,009.74 ($13.32) and traded as low as GBX 950 ($12.53). Arbuthnot Banking Group shares last traded at GBX 950 ($12.53), with a volume of 2,101 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, May 30th.

Arbuthnot Banking Group Stock Performance

The stock has a market cap of £153.81 million, a price-to-earnings ratio of 505.32, a PEG ratio of 0.38 and a beta of 0.97. The company’s 50 day simple moving average is GBX 970.57 and its 200 day simple moving average is GBX 1,009.74.

Arbuthnot Banking Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th were given a dividend of GBX 40 ($0.53) per share. The ex-dividend date of this dividend was Thursday, June 6th. This is a boost from Arbuthnot Banking Group’s previous dividend of $27.00. This represents a dividend yield of 4.22%. Arbuthnot Banking Group’s dividend payout ratio (DPR) is 2,500.00%.

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.