Secure Trust Bank (LON:STB) Earns “House Stock” Rating from Shore Capital

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a note issued to investors on Friday, Marketbeat reports.

Secure Trust Bank Stock Performance

Shares of STB opened at GBX 956 ($12.90) on Friday. The company’s 50 day simple moving average is GBX 738.88 and its 200 day simple moving average is GBX 569.14. The company has a market capitalization of £182.07 million, a price-to-earnings ratio of 7.07, a PEG ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a 1 year low of GBX 331 ($4.47) and a 1 year high of GBX 956.36 ($12.90).

Insider Transactions at Secure Trust Bank

In related news, insider Rachel Lawrence sold 3,279 shares of the firm’s stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of GBX 610 ($8.23), for a total value of £20,001.90 ($26,982.19). Also, insider Jim Brown acquired 3,525 shares of Secure Trust Bank stock in a transaction that occurred on Wednesday, July 2nd. The stock was purchased at an average price of GBX 848 ($11.44) per share, with a total value of £29,892 ($40,323.76). Company insiders own 14.85% of the company’s stock.

Secure Trust Bank Company Profile

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:

(i) Business finance through its Real Estate Finance and Commercial Finance divisions, and
(ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.