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Metro Bank (LON:MTRO) Shares Up 18.4% - Here's What Happened

Metro Bank logo with Financial Services background

Metro Bank Holdings PLC (LON:MTRO - Get Free Report)'s stock price rose 18.4% during mid-day trading on Tuesday . The company traded as high as GBX 132.80 ($1.79) and last traded at GBX 132.80 ($1.79). Approximately 8,072,625 shares changed hands during mid-day trading, an increase of 261% from the average daily volume of 2,237,923 shares. The stock had previously closed at GBX 112.20 ($1.51).

Metro Bank Price Performance

The stock has a fifty day simple moving average of GBX 109.14 and a 200-day simple moving average of GBX 98.94. The company has a market capitalization of £894.34 million, a price-to-earnings ratio of -36.56 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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