Standard Chartered (LON:STAN) Reaches New 52-Week High – Should You Buy?

Standard Chartered PLC (LON:STANGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as GBX 1,097 ($13.71) and last traded at GBX 1,097 ($13.71), with a volume of 27906004 shares changing hands. The stock had previously closed at GBX 1,074 ($13.43).

Standard Chartered Stock Performance

The company has a market cap of £26.93 billion, a price-to-earnings ratio of 1,263.22, a PEG ratio of 0.80 and a beta of 0.85. The company has a 50-day simple moving average of GBX 1,011.86 and a 200-day simple moving average of GBX 871.04.

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.

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