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Metro Bank (LON:MTRO) Stock Price Up 12.1% - Here's Why

Metro Bank logo with Financial Services background

Metro Bank Holdings PLC (LON:MTRO - Get Free Report)'s share price was up 12.1% during mid-day trading on Monday . The stock traded as high as GBX 129.20 ($1.75) and last traded at GBX 125.72 ($1.70). Approximately 37,493,988 shares changed hands during trading, an increase of 1,402% from the average daily volume of 2,496,005 shares. The stock had previously closed at GBX 112.20 ($1.52).

Metro Bank Stock Performance

The business has a fifty day simple moving average of GBX 105.58 and a 200-day simple moving average of GBX 98.14. The firm has a market cap of £908.02 million, a price-to-earnings ratio of -37.12 and a beta of 2.33.

Metro Bank Company Profile

(Get Free Report)

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.

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