Arbuthnot Banking Group (LON:ARBB) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Arbuthnot Banking Group PLC (LON:ARBB) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 911.02 ($11.83) and traded as low as GBX 865 ($11.24). Arbuthnot Banking Group shares last traded at GBX 905 ($11.75), with a volume of 1,027 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, February 20th.

Arbuthnot Banking Group Price Performance

The firm has a market capitalization of £146.49 million, a P/E ratio of 4.79, a P/E/G ratio of 0.38 and a beta of 1.00. The firm’s 50 day simple moving average is GBX 898.27 and its two-hundred day simple moving average is GBX 911.02.

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.