Metro Bank (LON:MTRO) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Metro Bank Holdings PLC (LON:MTROGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 67.38 ($0.84) and traded as high as GBX 97 ($1.20). Metro Bank shares last traded at GBX 96.30 ($1.20), with a volume of 1,099,785 shares.

Metro Bank Trading Up 3.5 %

The stock has a fifty day moving average price of GBX 91.26 and a 200 day moving average price of GBX 67.82. The firm has a market cap of £670.81 million, a price-to-earnings ratio of 4,985.00 and a beta of 2.33.

Insiders Place Their Bets

In other Metro Bank news, insider Robert Sharpe sold 29,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of GBX 94 ($1.17), for a total transaction of £27,260 ($33,863.35). Company insiders own 58.30% of the company’s stock.

About Metro Bank

(Get Free Report)

Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides various banking products and services in the United Kingdom. It offers personal banking products and services, including current, cash, and foreign currency accounts; savings; residential and buy-to-let mortgages; overdrafts; credit cards; pet insurance; and safe deposit box services.

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