Standard Chartered (LON:STAN) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Standard Chartered PLC (LON:STAN)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 815.95 ($10.21) and traded as high as GBX 994.60 ($12.44). Standard Chartered shares last traded at GBX 989.78 ($12.38), with a volume of 1,163,536 shares changing hands.

Standard Chartered Trading Down 0.4 %

The firm has a market cap of £24.13 billion, a P/E ratio of 1,132.09, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85. The company’s fifty day moving average price is GBX 942.28 and its two-hundred day moving average price is GBX 817.17.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.