Arbuthnot Banking Group (LON:ARBB) Share Price Crosses Below Two Hundred Day Moving Average of $1,002.35

Shares of Arbuthnot Banking Group PLC (LON:ARBB) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,002.35 ($13.11) and traded as low as GBX 920 ($12.03). Arbuthnot Banking Group shares last traded at GBX 925 ($12.10), with a volume of 2,631 shares.

Analysts Set New Price Targets

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

Arbuthnot Banking Group Stock Performance

The stock has a fifty day simple moving average of GBX 961.29 and a two-hundred day simple moving average of GBX 1,002.35. The stock has a market cap of £153.00 million, a PE ratio of 492.02, a PEG 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.