Secure Trust Bank (LON:STB) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Secure Trust Bank PLC (LON:STB)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,158.53 and traded as high as GBX 1,525. Secure Trust Bank shares last traded at GBX 1,520, with a volume of 19,650 shares changing hands.

Secure Trust Bank Price Performance

The stock has a market capitalization of £282.03 million, a price-to-earnings ratio of 14.90, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87. The company has a 50-day simple moving average of GBX 1,379.80 and a two-hundred day simple moving average of GBX 1,158.53.

Insider Buying and Selling at Secure Trust Bank

In other news, insider Ian Corfield acquired 19,419 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were purchased at an average cost of GBX 1,281 per share, for a total transaction of £248,757.39. 20.66% of the stock is currently owned by company insiders.

About Secure Trust Bank

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.