Secure Trust Bank PLC (LON:STB - Get Free Report) rose 14.1% during mid-day trading on Monday . The stock traded as high as GBX 1,175 ($15.60) and last traded at GBX 1,111 ($14.75). Approximately 2,710,720 shares were traded during trading, an increase of 1,964% from the average daily volume of 131,352 shares. The stock had previously closed at GBX 974 ($12.93).
Analysts Set New Price Targets
Separately, Shore Capital reissued a "house stock" rating on shares of Secure Trust Bank in a research note on Friday, July 11th.
Read Our Latest Analysis on Secure Trust Bank
Secure Trust Bank Stock Performance
The stock has a market capitalization of £210.44 million, a price-to-earnings ratio of 8.17, a P/E/G ratio of 0.11 and a beta of 0.87. The firm has a fifty day moving average of GBX 846.04 and a 200-day moving average of GBX 637.74.
Insider Transactions at Secure Trust Bank
In related news, insider Jim Brown purchased 3,525 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was purchased at an average cost of GBX 848 ($11.26) per share, for a total transaction of £29,892 ($39,691.94). Corporate 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.
See Also
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