Standard Chartered (LON:STAN) Hits New 52-Week High – What’s Next?

Shares of Standard Chartered PLC (LON:STANGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,083 ($13.33) and last traded at GBX 1,078.50 ($13.28), with a volume of 2366041 shares changing hands. The stock had previously closed at GBX 1,076.63 ($13.25).

Standard Chartered Price Performance

The stock’s fifty day moving average is GBX 985.22 and its 200-day moving average is GBX 846.47. The stock has a market cap of £26.24 billion, a PE ratio of 1,231.21, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85.

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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