Metro Bank (LON:MTRO) Shares Down 0.5% – Time to Sell?

Metro Bank Holdings PLC (LON:MTRO)’s stock price fell 0.5% during mid-day trading on Thursday . The company traded as low as GBX 90.60 ($1.15) and last traded at GBX 92 ($1.17). 355,004 shares changed hands during trading, a decline of 77% from the average session volume of 1,529,934 shares. The stock had previously closed at GBX 92.50 ($1.17).

Metro Bank Stock Performance

The stock has a 50 day moving average of GBX 83.28 and a 200 day moving average of GBX 61.46. The stock has a market capitalization of £619.00 million, a P/E ratio of 4,600.00 and a beta of 2.33.

Insider Transactions at Metro Bank

In other Metro Bank news, insider Robert Sharpe sold 29,000 shares of the business’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of GBX 94 ($1.19), for a total transaction of £27,260 ($34,554.44). Insiders own 58.30% of the company’s stock.

About Metro Bank

Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides various banking products and services in the United Kingdom. It offers personal banking products and services, including current, cash, and foreign currency accounts; savings; residential and buy-to-let mortgages; overdrafts; credit cards; pet insurance; and safe deposit box services.