Arbuthnot Banking Group (LON:ARBB) Shares Cross Above 50-Day Moving Average – Should You Sell?

Arbuthnot Banking Group PLC (LON:ARBB) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 905.98 ($11.37) and traded as high as GBX 925 ($11.61). Arbuthnot Banking Group shares last traded at GBX 925 ($11.61), with a volume of 3 shares trading hands.

Analyst Ratings Changes

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

Arbuthnot Banking Group Trading Up 1.9 %

The company has a market cap of £149.76 million, a price-to-earnings ratio of 492.02, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The stock has a 50-day simple moving average of GBX 905.98 and a 200-day simple moving average of GBX 938.02.

Insider Buying and Selling

In related news, insider Henry Angest bought 116,000 shares of the stock in a transaction on Monday, November 25th. The shares were purchased at an average price of GBX 900 ($11.29) per share, with a total value of £1,044,000 ($1,309,912.17). Corporate 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.