Secure Trust Bank (LON:STB) Hits New 1-Year Low – Here’s What Happened

Secure Trust Bank PLC (LON:STB)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 331 ($4.14) and last traded at GBX 349 ($4.36), with a volume of 71693 shares trading hands. The stock had previously closed at GBX 354 ($4.42).

Analyst Upgrades and Downgrades

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

Secure Trust Bank Stock Down 0.6 %

The company has a market cap of £65.60 million, a P/E ratio of 254.01, a PEG ratio of 0.11 and a beta of 0.87. The firm has a fifty day moving average price of GBX 521.54 and a 200 day moving average price of GBX 721.86.

Insider Activity

In other news, insider Rachel Lawrence acquired 4,094 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was purchased at an average cost of GBX 486 ($6.07) per share, for a total transaction of £19,896.84 ($24,867.94). 14.85% of the stock is owned by insiders.

Secure Trust Bank Company Profile

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.