Standard Chartered (LON:STAN) Reaches New 1-Year High – Here’s Why

Shares of Standard Chartered PLC (LON:STANGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,097 ($13.71) and last traded at GBX 1,097 ($13.71), with a volume of 27906004 shares changing hands. The stock had previously closed at GBX 1,074 ($13.43).

Standard Chartered Price Performance

The firm’s 50-day moving average price is GBX 1,011.86 and its 200 day moving average price is GBX 871.04. The firm has a market capitalization of £26.93 billion, a price-to-earnings ratio of 1,263.22, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85.

Standard Chartered Company Profile

(Get Free Report)

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.

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