Arbuthnot Banking Group (LON:ARBB) Stock Price Passes Below Two Hundred Day Moving Average of $1,018.34

Arbuthnot Banking Group PLC (LON:ARBB) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,018.34 ($12.88) and traded as low as GBX 975.52 ($12.34). Arbuthnot Banking Group shares last traded at GBX 992.50 ($12.55), with a volume of 247 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, May 30th.

Arbuthnot Banking Group Price Performance

The company has a market capitalization of £158.34 million, a PE ratio of 445.07, a price-to-earnings-growth ratio of 0.38 and a beta of 0.94. The company’s fifty day moving average is GBX 987.40 and its 200-day moving average is GBX 1,018.34.

Arbuthnot Banking Group Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th were issued a GBX 40 ($0.51) dividend. The ex-dividend date of this dividend was Thursday, June 6th. This is an increase from Arbuthnot Banking Group’s previous dividend of $27.00. This represents a dividend yield of 4.22%. Arbuthnot Banking Group’s dividend payout ratio (DPR) is currently 2,062.78%.

Arbuthnot Banking Group Company Profile

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.