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

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reissued by research analysts at Shore Capital Group in a research note issued on Monday,Digital Look reports.

Secure Trust Bank Stock Up 4.7%

STB opened at GBX 1,436 on Monday. Secure Trust Bank has a 52 week low of GBX 792 and a 52 week high of GBX 1,550. The stock has a market cap of £269.03 million, a PE ratio of 16.13, a PEG ratio of 0.11 and a beta of 0.98. The business has a 50 day moving average of GBX 1,303.98 and a 200-day moving average of GBX 1,322.82.

Insider Buying and Selling

In other news, insider Rachel Lawrence sold 9,975 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of GBX 1,400, for a total transaction of £139,650. Corporate 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.