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

Arbuthnot Banking Group PLC (LON:ARBB) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 935.95 ($11.68) and traded as low as GBX 900 ($11.23). Arbuthnot Banking Group shares last traded at GBX 900 ($11.23), with a volume of 322 shares.

Analysts Set New Price Targets

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

Arbuthnot Banking Group Price Performance

The firm’s 50-day moving average price is GBX 904 and its 200 day moving average price is GBX 935.95. The firm has a market cap of £144.90 million, a P/E ratio of 476.06, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00.

Insider Buying and Selling at Arbuthnot Banking Group

In other Arbuthnot Banking Group news, insider Henry Angest bought 116,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were purchased at an average price of GBX 900 ($11.23) per share, with a total value of £1,044,000 ($1,302,395.21). 64.32% of the stock is currently owned by company insiders.

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.