Arbuthnot Banking Group (LON:ARBB) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Arbuthnot Banking Group PLC (LON:ARBB) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 908.75 ($11.77) and traded as low as GBX 895.15 ($11.59). Arbuthnot Banking Group shares last traded at GBX 906.55 ($11.74), with a volume of 1,164 shares trading hands.

Analyst Ratings Changes

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

Arbuthnot Banking Group Trading Down 1.2 %

The business has a 50-day moving average of GBX 900.01 and a 200 day moving average of GBX 908.75. The firm has a market capitalization of £146.74 million, a PE ratio of 4.80, a price-to-earnings-growth 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.