Secure Trust Bank (LON:STB) Share Price Passes Below 200 Day Moving Average - Should You Sell?

Shares of Secure Trust Bank PLC (LON:STB - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 513.62 ($6.72) and traded as low as GBX 494 ($6.46). Secure Trust Bank shares last traded at GBX 530 ($6.93), with a volume of 292,312 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Secure Trust Bank in a research note on Thursday, March 13th.

Secure Trust Bank Stock Up 1.5 %

The stock has a market capitalization of £104.75 million, a PE ratio of 4.07, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87. The stock has a fifty day moving average of GBX 499.23 and a 200-day moving average of GBX 503.62.

Secure Trust Bank (LON:STB - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported GBX 103.40 ($1.35) earnings per share (EPS) for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. Equities research analysts expect that Secure Trust Bank PLC will post 214.2857143 EPS for the current year.

Secure Trust Bank Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, April 24th will be issued a dividend of GBX 22.50 ($0.29) per share. This represents a yield of 3.92%. The ex-dividend date is Thursday, April 24th. This is a boost from Secure Trust Bank's previous dividend of $11.30. Secure Trust Bank's payout ratio is 20.71%.

Insider Buying and Selling at Secure Trust Bank

In other news, insider Rachel Lawrence sold 6,167 shares of the company's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 534 ($6.99), for a total transaction of £32,931.78 ($43,087.50). Insiders own 14.85% of the company's stock.

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, and has 920 employees (full‐time equivalent) as at August 2024. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.