Arbuthnot Banking Group (LON:ARBB) Reaches New 52-Week High - Should You Buy?

Key Points

• New 52-week high: Arbuthnot Banking Group's shares hit a fresh 52-week high and were trading up about 2.8%, last quoted at GBX 865 (previous close GBX 855) on a volume of roughly 4,047 shares.
• Attractive valuation and recent earnings: The company has a market cap of £141.17M with a P/E of 7.93 and PEG of 0.38; it reported quarterly EPS of GBX 109.10 and analysts expect about GBX 169.25 EPS for the current year.
• Business profile: Arbuthnot is a UK private and commercial banking group operating multiple segments including banking, wealth management, asset finance and specialist finance.

Arbuthnot Banking Group PLC (LON:ARBB - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as GBX 775 and last traded at GBX 865, with a volume of 4047 shares. The stock had previously closed at GBX 855.

Arbuthnot Banking Group Trading Up 2.8%

The firm has a market capitalization of £141.17 million, a price-to-earnings ratio of 7.93, a PEG ratio of 0.38 and a beta of 0.54. The company has a fifty day moving average price of GBX 874.55 and a two-hundred day moving average price of GBX 886.13.

Arbuthnot Banking Group (LON:ARBB - Get Free Report) last issued its earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a return on equity of 6.53% and a net margin of 7.55%. As a group, equities research analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

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. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.

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