Secure Trust Bank (LON:STB) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Secure Trust Bank PLC (LON:STBGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,225.70 and traded as low as GBX 1,212. Secure Trust Bank shares last traded at GBX 1,248, with a volume of 184,999 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Secure Trust Bank in a research note on Monday, April 13th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Secure Trust Bank currently has a consensus rating of “Buy” and an average price target of GBX 1,420.

Read Our Latest Report on STB

Secure Trust Bank Stock Down 1.7%

The stock has a market capitalization of £233.69 million, a PE ratio of 14.02, a P/E/G ratio of 0.11 and a beta of 1.00. The firm has a 50 day moving average price of GBX 1,363.33 and a 200 day moving average price of GBX 1,225.70.

Secure Trust Bank (LON:STBGet Free Report) last issued its quarterly earnings data on Thursday, March 12th. The company reported GBX 238.90 EPS for the quarter. Secure Trust Bank had a return on equity of 4.70% and a net margin of 7.95%. On average, equities analysts forecast that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.

Insider Activity at Secure Trust Bank

In other news, insider Rachel Lawrence sold 9,975 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 1,400, for a total value of £139,650. 20.48% of the stock is currently owned by company insiders.

About Secure Trust Bank

(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.

See Also

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.