AIB Group (LON:AIBG) Sets New 12-Month High - Here's Why

Key Points

• AIB Group plc reached a new 52-week high of GBX 624 ($8.47) during trading on Thursday, indicating strong market performance.
• The company's stock has a market capitalization of £17.53 billion and a price-to-earnings ratio of 8.57, reflecting its financial health.
• AIB Group operates primarily in Ireland and the United Kingdom, with core segments including Retail Banking, Capital Markets, and AIB UK.

AIB Group plc (LON:AIBG - )'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 624 ($8.47) and last traded at GBX 624 ($8.47), with a volume of 1950 shares. The stock had previously closed at GBX 620 ($8.42).

AIB Group Stock Performance

The business has a 50-day moving average of GBX 589.61 and a 200-day moving average of GBX 545.16. The stock has a market capitalization of £17.53 billion, a price-to-earnings ratio of 8.57 and a beta of 1.65.

About AIB Group

AIB Group plc operates predominantly in Ireland and the United Kingdom. Our shares are quoted on the Euronext Dublin and the London stock exchange and we are a member of the FTSE4Good index. Our three core segments are: Retail Banking, Capital Markets and AIB UK. We also operate wholesale treasury activities along with control and support functions.

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