Arbuthnot Banking Group (LON:ARBB) Stock Falls Below Two Hundred Day Moving Average – An Overview

On Tuesday, January 8, 2025, Arbuthnot Banking Group PLC (LON:ARBB – Get Free Report) saw its stock price fall below its two hundred day moving average. The two hundred day moving average for the stock currently stands at GBX 935.95 ($11.68). During trading, shares dropped as low as GBX 900 ($11.23) before closing at the same price, with a trading volume of 322 shares.

Analysts Update Their Price Targets

In recent news, Shore Capital reaffirmed a “house stock” rating on Arbuthnot Banking Group shares in a research report dated December 19th.

Performance of Arbuthnot Banking Group Stock

The stock has a 50-day moving average rate of GBX 904 along with its two hundred day moving average of GBX 935.95. The company's market capitalization is valued at £144.90 million. Furthermore, the price-to-earnings (P/E) ratio stands at 476.06, while the price-to-earnings-growth ratio is 0.38, and the stock has a beta of 1.00.

Insider Activity Within Arbuthnot Banking Group

In other related news, insider Henry Angest recently acquired 116,000 shares of Arbuthnot Banking Group on November 25th. The shares were bought at an average price of GBX 900 ($11.23) apiece, leading to a total transaction value of £1,044,000 ($1,302,395.21). Currently, insiders own approximately 64.32% of the company's stock.

About Arbuthnot Banking Group

Arbuthnot Banking Group PLC is a UK-based financial institution, offering a range of private and commercial banking products and services through its various subsidiaries. The company operates across nine segments including Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, among others.

Arbuthnot, Banking, Stock