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

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 918.50 ($11.59) and traded as low as GBX 916 ($11.56). Arbuthnot Banking Group shares last traded at GBX 964.60 ($12.17), with a volume of 1,833 shares traded.

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Price Performance

The company has a 50-day moving average price of GBX 899.99 and a two-hundred day moving average price of GBX 918.50. The company has a market cap of £156.13 million, a PE ratio of 5.10, a P/E/G ratio of 0.38 and a beta of 1.00.

Insider Transactions at Arbuthnot Banking Group

In other Arbuthnot Banking Group news, insider Henry Angest purchased 116,000 shares of Arbuthnot Banking Group stock in a transaction that occurred on Monday, November 25th. The stock was purchased at an average price of GBX 900 ($11.36) per share, with a total value of £1,044,000 ($1,317,183.95). Company 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.