Secure Trust Bank (LON:STB) Shares Pass Above 200 Day Moving Average – Time to Sell?

Secure Trust Bank PLC (LON:STB) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,404.40 and traded as high as GBX 1,560. Secure Trust Bank shares last traded at GBX 1,540, with a volume of 26,357 shares.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating and set a GBX 2,300 price target (up from GBX 2,200) on shares of Secure Trust Bank in a research report on Thursday, August 13th.

Secure Trust Bank Stock Performance

The business’s 50 day moving average price is GBX 1,506.52 and its two-hundred day moving average price is GBX 1,405.42. The company has a market capitalization of £287.21 million, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 0.11 and a beta of 0.97.

Secure Trust Bank (LON:STB) last posted its quarterly earnings data on Thursday, August 13th. The company reported GBX 126.40 earnings per share (EPS) for the quarter. Secure Trust Bank had a net margin of 7.80% and a return on equity of 6.44%. On average, sell-side analysts expect that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current year.

Secure Trust Bank Company Profile

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.