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Secure Trust Bank (LON:STB) Reaches New 52-Week Low - Here's Why

Secure Trust Bank logo with Financial Services background

Secure Trust Bank PLC (LON:STB - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 331 ($4.21) and last traded at GBX 349 ($4.44), with a volume of 71693 shares changing hands. The stock had previously closed at GBX 354 ($4.50).

Analyst Ratings Changes

Separately, Shore Capital restated a "house stock" rating on shares of Secure Trust Bank in a research note on Wednesday, October 16th.

View Our Latest Research Report on STB

Secure Trust Bank Stock Down 1.4 %

The company has a market capitalization of £65.79 million, a P/E ratio of 254.74, a P/E/G ratio of 0.11 and a beta of 0.87. The firm's 50-day moving average price is GBX 530.66 and its 200 day moving average price is GBX 725.03.

Insiders Place Their Bets

In related news, insider Rachel Lawrence bought 4,094 shares of the stock in a transaction dated Friday, November 1st. The stock was bought at an average price of GBX 486 ($6.18) per share, with a total value of £19,896.84 ($25,294.74). Company insiders own 14.85% of the company's stock.

About Secure Trust Bank

(Get Free Report)

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.

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