Secure Trust Bank PLC (LON:STB - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 465.83 ($6.19) and traded as high as GBX 628 ($8.34). Secure Trust Bank shares last traded at GBX 626 ($8.32), with a volume of 59,734 shares trading hands.
Analyst Ratings Changes
Separately, Shore Capital reissued a "house stock" rating on shares of Secure Trust Bank in a research note on Thursday, March 13th.
Get Our Latest Report on STB
Secure Trust Bank Price Performance
The stock has a 50 day moving average price of GBX 576.89 and a 200-day moving average price of GBX 465.83. The stock has a market capitalization of £119.22 million, a P/E ratio of 4.63, a PEG ratio of 0.11 and a beta of 0.87.
Secure Trust Bank (LON:STB - Get Free Report) last issued its quarterly earnings data on Thursday, March 13th. The company reported GBX 103.40 ($1.37) earnings per share (EPS) for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. Research analysts predict that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.
Secure Trust Bank Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 22.50 ($0.30) per share. This is an increase from Secure Trust Bank's previous dividend of $11.30. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 3.92%. Secure Trust Bank's payout ratio is presently 20.71%.
Insider Activity
In related news, insider Rachel Lawrence sold 3,279 shares of Secure Trust Bank stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of GBX 610 ($8.10), for a total transaction of £20,001.90 ($26,570.01). Insiders own 14.85% of the company's stock.
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:
(i) Business finance through its Real Estate Finance and Commercial Finance divisions, and
(ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.
Further Reading
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