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

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital Group in a report released on Thursday,London Stock Exchange reports.

Secure Trust Bank Stock Performance

STB stock opened at GBX 1,272 on Thursday. The firm has a 50 day moving average price of GBX 1,317.83 and a 200-day moving average price of GBX 1,252.86. Secure Trust Bank has a 52-week low of GBX 588 and a 52-week high of GBX 1,550. The firm has a market capitalization of £238.18 million, a price-to-earnings ratio of 14.29, a PEG ratio of 0.11 and a beta of 1.00.

Secure Trust Bank (LON:STB) last released its earnings results on Thursday, March 12th. The company reported GBX 238.90 earnings per share (EPS) for the quarter. Secure Trust Bank had a net margin of 7.95% and a return on equity of 4.70%. As a group, sell-side analysts forecast that Secure Trust Bank will post 214.2857143 earnings per share for the current fiscal year.

Insider Activity at Secure Trust Bank

In other news, insider Rachel Lawrence sold 9,975 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of GBX 1,400, for a total transaction of £139,650. 20.48% of the stock is currently 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:

• 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.