Secure Trust Bank (LON:STB) Shares Pass Above 200-Day Moving Average – Here’s Why

Secure Trust Bank PLC (LON:STB – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,404.21 and traded as high as GBX 1,490. Secure Trust Bank shares last traded at GBX 1,478, with a volume of 51,131 shares.

Analyst Upgrades and Downgrades

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

Get Secure Trust Bank alerts:

Get Our Latest Stock Analysis on STB

Secure Trust Bank Stock Performance

The stock’s 50-day moving average is GBX 1,539.40 and its 200 day moving average is GBX 1,404.12. The stock has a market capitalization of £286.89 million, a PE ratio of 17.51, a P/E/G ratio of 0.11 and a beta of 0.96.

Secure Trust Bank (LON:STB – Get Free Report) last announced 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%. Analysts expect that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current 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.

Recommended Stories

• Five stocks we like better than Secure Trust Bank
• Aeluma’s Selloff Could Be Setting Up Its Next Big Move
• Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
• The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
• The Fed’s Rate Hike Could Backfire If Oil Prices Collapse

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.