Secure Trust Bank (LON:STB) Earns House Stock Rating from Shore Capital Group

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reiterated by equities researchers at Shore Capital Group in a note issued to investors on Thursday, MarketBeat.com reports.

Secure Trust Bank Stock Up 1.1%

STB stock opened at GBX 1,270 on Thursday. The company has a market capitalization of £237.81 million, a P/E ratio of 14.27, a PEG ratio of 0.11 and a beta of 1.00. Secure Trust Bank has a fifty-two week low of GBX 612 and a fifty-two week high of GBX 1,550. The company has a 50-day simple moving average of GBX 1,311.15 and a 200 day simple moving average of GBX 1,255.19.

Secure Trust Bank (LON:STB) last issued its earnings results on Thursday, March 12th. The company reported GBX 238.90 EPS for the quarter. Secure Trust Bank had a return on equity of 4.70% and a net margin of 7.95%. Equities analysts anticipate that Secure Trust Bank will post 214.2857143 EPS for the current year.

Insider Buying and Selling at Secure Trust Bank

In related news, insider Rachel Lawrence sold 9,975 shares of Secure Trust Bank stock in a transaction dated Friday, April 17th. The stock was sold at an average price of GBX 1,400, for a total value of £139,650. Company insiders own 20.48% 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:

• Business finance through its Real Estate Finance and Commercial Finance divisions, and
• Consumer finance through its Vehicle Finance and Retail Finance divisions.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.