Standard Chartered (LON:STAN) Hits New 1-Year High – Time to Buy?

Shares of Standard Chartered PLC (LON:STANGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,097 ($13.61) and last traded at GBX 1,097 ($13.61), with a volume of 27906004 shares changing hands. The stock had previously closed at GBX 1,074 ($13.32).

Standard Chartered Stock Performance

The stock has a market cap of £27.19 billion, a PE ratio of 1,275.57, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85. The company’s 50-day moving average price is GBX 1,017.24 and its 200 day moving average price is GBX 874.08.

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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