Secure Trust Bank (LON:STB) Share Price Passes Above 200 Day Moving Average of $742.35

Secure Trust Bank PLC (LON:STB) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 742.35 ($9.49) and traded as high as GBX 858 ($10.96). Secure Trust Bank shares last traded at GBX 850 ($10.86), with a volume of 5,020 shares.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Shore Capital restated a “house stock” rating on shares of Secure Trust Bank in a research note on Thursday, July 4th. Berenberg Bank restated a “buy” rating and set a GBX 1,420 ($18.15) target price on shares of Secure Trust Bank in a research note on Friday, May 17th.

Secure Trust Bank Stock Performance

The business’s fifty day simple moving average is GBX 817.33 and its 200-day simple moving average is GBX 745.08. The firm has a market capitalization of £162.01 million, a PE ratio of 620.44, a price-to-earnings-growth ratio of 0.11 and a beta of 0.75.

Secure Trust Bank Company Profile

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.