Secure Trust Bank (LON:STB) Hits New 12-Month Low – What’s Next?

Secure Trust Bank PLC (LON:STB) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 331 ($4.20) and last traded at GBX 349 ($4.43), with a volume of 71693 shares traded. The stock had previously closed at GBX 354 ($4.49).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Secure Trust Bank in a research report on Wednesday, October 16th.

Secure Trust Bank Trading Down 1.4 %

The stock has a market capitalization of £65.79 million, a P/E ratio of 258.39, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87. The company has a 50-day moving average price of GBX 539.92 and a 200 day moving average price of GBX 728.14.

Insider Buying and Selling

In other Secure Trust Bank news, insider Rachel Lawrence bought 4,094 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were purchased at an average cost of GBX 486 ($6.17) per share, for a total transaction of £19,896.84 ($25,243.39). 14.85% of the stock is owned by company insiders.

Secure Trust Bank Company Profile

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.