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Standard Chartered (LON:STAN) Hits New 1-Year High - Still a Buy?

Standard Chartered logo with Financial Services background

Standard Chartered PLC (LON:STAN - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,138.27 ($14.38) and last traded at GBX 1,126.26 ($14.23), with a volume of 2982667 shares trading hands. The stock had previously closed at GBX 1,123 ($14.19).

Standard Chartered Stock Performance

The firm has a market cap of £35.72 billion, a price-to-earnings ratio of 10.65, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85. The company has a 50 day moving average price of GBX 1,047.26 and a 200 day moving average price of GBX 901.95.

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.

Further Reading

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