Secure Trust Bank PLC (LON:STB - Get Free Report)'s stock price fell 18.1% on Thursday . The stock traded as low as GBX 942 ($12.53) and last traded at GBX 990.92 ($13.18). 5,262,320 shares traded hands during trading, an increase of 3,666% from the average session volume of 139,718 shares. The stock had previously closed at GBX 1,210 ($16.09).
Analysts Set New Price Targets
Several research analysts have recently weighed in on STB shares. Berenberg Bank reissued a "buy" rating and set a GBX 1,420 price target on shares of Secure Trust Bank in a research report on Monday, August 18th. Shore Capital reissued a "house stock" rating on shares of Secure Trust Bank in a research report on Thursday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Secure Trust Bank presently has an average rating of "Buy" and an average price target of GBX 1,420.
Read Our Latest Analysis on STB
Secure Trust Bank Price Performance
The stock's 50 day moving average is GBX 1,106.38 and its two-hundred day moving average is GBX 855.14. The stock has a market capitalization of £180.05 million, a PE ratio of 952.66, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87.
Secure Trust Bank (LON:STB - Get Free Report) last released its earnings results on Thursday, August 14th. The company reported GBX 87.60 earnings per share for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. On average, equities analysts predict that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Jim Brown purchased 20,000 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were bought at an average cost of GBX 1,170 per share, for a total transaction of £234,000. 20.19% of the stock is owned by corporate insiders.
Secure Trust Bank Company Profile
(
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:
• Business finance through its Real Estate Finance and Commercial Finance divisions, and
• Consumer finance through its Vehicle Finance and Retail Finance divisions.
Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.
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