Arbuthnot Banking Group (LON:ARBB) Share Price Crosses Above 50 Day Moving Average of $1,185.68

Arbuthnot Banking Group Plc (LON:ARBB)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1,185.68 and traded as high as $1,220.00. Arbuthnot Banking Group shares last traded at $1,220.00, with a volume of 782 shares changing hands.

Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Wednesday, November 13th.

The business has a 50-day moving average price of GBX 1,185.68 and a 200 day moving average price of GBX 1,270.12. The company has a market cap of $181.65 million and a price-to-earnings ratio of -8.75.

Arbuthnot Banking Group Company Profile (LON:ARBB)

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. The company offers a range of bank accounts, loans, and overdrafts, as well as foreign trade services. It also provides wealth structuring, tax mitigation, estate preservation, and retirement planning services.

Further Reading: Why is momentum important to successful trading?

Receive News & Ratings for Arbuthnot Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbuthnot Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.