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Metro Bank (LON:MTRO) Trading 16.8% Higher - Here's What Happened

Metro Bank logo with Financial Services background

Shares of Metro Bank Holdings PLC (LON:MTRO - Get Free Report) shot up 16.8% on Monday . The company traded as high as GBX 131.20 ($1.77) and last traded at GBX 131 ($1.76). 41,322,648 shares changed hands during mid-day trading, an increase of 1,534% from the average session volume of 2,529,590 shares. The stock had previously closed at GBX 112.20 ($1.51).

Metro Bank Stock Performance

The stock has a market cap of £860.15 million, a price-to-earnings ratio of -35.17 and a beta of 2.33. The company has a 50-day simple moving average of GBX 109.14 and a two-hundred day simple moving average of GBX 98.94.

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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