Secure Trust Bank PLC (LON:STB – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 770.62 ($10.08) and traded as high as GBX 847 ($11.08). Secure Trust Bank shares last traded at GBX 826 ($10.80), with a volume of 5,335 shares trading hands.
Wall Street Analysts Forecast Growth
Several research firms have commented on STB. Berenberg Bank reiterated a “buy” rating and set a GBX 1,420 ($18.57) price target on shares of Secure Trust Bank in a report on Wednesday, August 14th. Shore Capital reiterated a “house stock” rating on shares of Secure Trust Bank in a research note on Wednesday, August 14th.
Secure Trust Bank Trading Up 0.7 %
Secure Trust Bank Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, August 29th will be paid a GBX 11.30 ($0.15) dividend. The ex-dividend date is Thursday, August 29th. This represents a yield of 1.32%. Secure Trust Bank’s dividend payout ratio is currently 2,043.80%.
Insiders Place Their Bets
In related news, insider Jim Brown bought 12,600 shares of the stock in a transaction dated Tuesday, August 20th. The stock was acquired at an average price of GBX 860 ($11.25) per share, for a total transaction of £108,360 ($141,702.63). In other news, insider Jim Brown bought 12,600 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average price of GBX 860 ($11.25) per share, for a total transaction of £108,360 ($141,702.63). Also, insider David McCreadie bought 5,930 shares of Secure Trust Bank stock in a transaction dated Thursday, August 15th. The stock was purchased at an average cost of GBX 843 ($11.02) per share, with a total value of £49,989.90 ($65,371.91). 14.90% of the stock is owned by corporate insiders.
Secure Trust Bank Company Profile
Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.
Featured Articles
- Five stocks we like better than Secure Trust Bank
- Options Trading – Understanding Strike Price
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for Secure Trust Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Trust Bank and related companies with MarketBeat.com's FREE daily email newsletter.