AIB Group (LON:AIBG) Shares Down 0.3% - Here's Why

Key Points

• AIB Group plc's share price decreased by 0.3%, trading between GBX 640 ($8.66) and GBX 646 ($8.74), with a trading volume increase of 53% compared to its average daily volume.
• The company has a market capitalization of £13.80 billion and a PE ratio of 721.79, indicating high valuation metrics.
• AIB Group operates mainly in Ireland and the United Kingdom, and is a member of the FTSE4Good index with core segments in Retail Banking, Capital Markets, and AIB UK.

AIB Group plc (LON:AIBG - Get Free Report) shares fell 0.3% during mid-day trading on Wednesday . The company traded as low as GBX 640 ($8.68) and last traded at GBX 646 ($8.76). 59,511 shares traded hands during trading, an increase of 53% from the average session volume of 38,902 shares. The stock had previously closed at GBX 648 ($8.79).

AIB Group Price Performance

The company has a market capitalization of £14.27 billion, a P/E ratio of 746.37 and a beta of 1.65. The stock has a 50-day moving average price of GBX 608.32 and a 200-day moving average price of GBX 565.10.

AIB Group Company Profile

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.