Metro Bank (LON:MTRO) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Metro Bank Holdings PLC (LON:MTROGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 87.32 ($1.10) and traded as high as GBX 95.90 ($1.20). Metro Bank shares last traded at GBX 95.80 ($1.20), with a volume of 305,389 shares traded.

Metro Bank Stock Performance

The company has a market capitalization of £644.57 million, a PE ratio of 4,790.00 and a beta of 2.33. The business has a fifty day moving average price of GBX 87.32 and a 200 day moving average price of GBX 64.92.

Insider Activity at Metro Bank

In related news, insider Robert Sharpe sold 29,000 shares of Metro Bank stock in a transaction on Thursday, November 14th. The shares were sold at an average price of GBX 94 ($1.18), for a total transaction of £27,260 ($34,190.39). 58.30% of the stock is currently owned by insiders.

About Metro Bank

(Get Free Report)

Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides various banking products and services in the United Kingdom. It offers personal banking products and services, including current, cash, and foreign currency accounts; savings; residential and buy-to-let mortgages; overdrafts; credit cards; pet insurance; and safe deposit box services.

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