Secure Trust Bank (LON:STB) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Secure Trust Bank PLC (LON:STBGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,406.42 and traded as high as GBX 1,548. Secure Trust Bank shares last traded at GBX 1,490, with a volume of 141,446 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating and issued a GBX 2,300 price target (up from GBX 2,200) on shares of Secure Trust Bank in a report on Thursday, August 13th.

View Our Latest Report on Secure Trust Bank

Secure Trust Bank Trading Up 1.5%

The business has a 50-day moving average of GBX 1,522.44 and a 200 day moving average of GBX 1,406.42. The firm has a market capitalization of £276.10 million, a PE ratio of 16.74, a price-to-earnings-growth ratio of 0.11 and a beta of 0.97.

Secure Trust Bank (LON:STBGet Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported GBX 126.40 earnings per share for the quarter. Secure Trust Bank had a net margin of 7.80% and a return on equity of 6.44%. On average, sell-side analysts expect that Secure Trust Bank PLC will post 214.2857143 EPS for the current fiscal year.

Secure Trust Bank Company Profile

(Get Free Report)

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands.

The Group’s diversified lending portfolio currently focuses on two sectors:

• Business finance through its Real Estate Finance and Commercial Finance divisions, and
• Consumer finance through its Vehicle Finance and Retail Finance divisions.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.

Featured Stories

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