Shore Capital Reiterates House Stock Rating for Secure Trust Bank (LON:STB)

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reissued by equities researchers at Shore Capital in a research report issued on Tuesday, Marketbeat.com reports.

Secure Trust Bank Trading Up 0.3%

LON STB opened at GBX 756 ($10.14) on Tuesday. The stock has a 50-day simple moving average of GBX 655.60 and a 200 day simple moving average of GBX 512.05. The company has a market capitalization of £143.98 million, a PE ratio of 5.59, a P/E/G ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a 12 month low of GBX 331 ($4.44) and a 12 month high of GBX 908 ($12.18).

Insider Buying and Selling at Secure Trust Bank

In other news, insider Rachel Lawrence sold 3,279 shares of the company’s stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of GBX 610 ($8.19), for a total transaction of £20,001.90 ($26,840.98). Insiders own 14.85% of the company’s stock.

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.

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.