Secure Trust Bank’s (STB) House Stock Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Secure Trust Bank (LON:STB) in a research report sent to investors on Wednesday morning, MarketBeat.com reports.

Secure Trust Bank Stock Performance

Shares of LON STB opened at GBX 870 ($11.87) on Wednesday. Secure Trust Bank has a twelve month low of GBX 331 ($4.52) and a twelve month high of GBX 908 ($12.39). The company has a market capitalization of £165.69 million, a price-to-earnings ratio of 6.44, a PEG ratio of 0.11 and a beta of 0.87. The firm has a 50-day moving average of GBX 707.64 and a two-hundred day moving average of GBX 548.73.

Insider Buying and Selling

In related news, insider Rachel Lawrence sold 3,279 shares of the business’s stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of GBX 610 ($8.33), for a total value of £20,001.90 ($27,298.89). Also, insider Jim Brown bought 3,525 shares of the company’s stock in a transaction that occurred on Wednesday, July 2nd. The stock was acquired at an average price of GBX 848 ($11.57) per share, for a total transaction of £29,892 ($40,797.05). 14.85% of the stock is owned by insiders.

About Secure Trust Bank

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.