Secure Trust Bank (LON:STB) Reaches New 12-Month Low – Should You Sell?

Secure Trust Bank PLC (LON:STB)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 331 ($4.14) and last traded at GBX 349 ($4.36), with a volume of 71693 shares changing hands. The stock had previously closed at GBX 354 ($4.42).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Secure Trust Bank in a report on Wednesday, October 16th.

Secure Trust Bank Trading Down 0.6 %

The firm has a fifty day simple moving average of GBX 521.54 and a 200 day simple moving average of GBX 721.86. The stock has a market cap of £65.60 million, a price-to-earnings ratio of 254.01, a PEG ratio of 0.11 and a beta of 0.87.

Insider Activity at Secure Trust Bank

In other Secure Trust Bank news, insider Rachel Lawrence bought 4,094 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were acquired at an average price of GBX 486 ($6.07) per share, with a total value of £19,896.84 ($24,867.94). 14.85% of the stock is currently owned by corporate 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, and has 920 employees (full‐time equivalent) as at August 2024. 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.