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Secure Trust Bank (LON:STB) Sets New 12-Month High - Still a Buy?

Secure Trust Bank logo with Financial Services background

Secure Trust Bank PLC (LON:STB - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 912 ($12.30) and last traded at GBX 912 ($12.30), with a volume of 107066 shares. The stock had previously closed at GBX 880 ($11.87).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "house stock" rating on shares of Secure Trust Bank in a research note on Friday.

View Our Latest Stock Analysis on Secure Trust Bank

Secure Trust Bank Price Performance

The firm's 50 day moving average is GBX 738.88 and its 200 day moving average is GBX 569.14. The firm has a market cap of £182.07 million, a P/E ratio of 7.07, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87.

Insider Activity

In other news, insider Jim Brown bought 3,525 shares of the company's stock in a transaction dated Wednesday, July 2nd. The shares were purchased at an average price of GBX 848 ($11.44) per share, for a total transaction of £29,892 ($40,312.88). Also, insider Rachel Lawrence sold 3,279 shares of the company's stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of GBX 610 ($8.23), for a total transaction of £20,001.90 ($26,974.92). Insiders own 14.85% of the company's stock.

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: (i) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.

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