Arbuthnot Banking Group’s (ARBB) “House Stock” Rating Reaffirmed at Shore Capital

Arbuthnot Banking Group (LON:ARBB)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a note issued to investors on Thursday, Marketbeat reports.

Arbuthnot Banking Group Stock Up 1.4 %

Shares of ARBB stock traded up GBX 12.50 ($0.16) during mid-day trading on Thursday, reaching GBX 915 ($11.51). The stock had a trading volume of 14,720 shares, compared to its average volume of 3,156. Arbuthnot Banking Group has a one year low of GBX 830 ($10.44) and a one year high of GBX 1,139.30 ($14.34). The firm has a market cap of £148.10 million, a PE ratio of 4.84, a P/E/G ratio of 0.38 and a beta of 1.00. The firm’s 50 day simple moving average is GBX 899.59 and its 200 day simple moving average is GBX 917.62.

Insider Activity

In related news, insider Henry Angest purchased 116,000 shares of Arbuthnot Banking Group stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average price of GBX 900 ($11.33) per share, for a total transaction of £1,044,000 ($1,313,703.28). 64.32% of the stock is owned by company insiders.

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.