Secure Trust Bank (LON:STB) Shares Pass Above 200 Day Moving Average – Time to Sell?

Secure Trust Bank PLC (LON:STB)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 535.95 ($6.95) and traded as high as GBX 619 ($8.03). Secure Trust Bank shares last traded at GBX 600 ($7.78), with a volume of 217,681 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Secure Trust Bank in a research note on Thursday, March 13th.

Secure Trust Bank Trading Up 1.4 %

The firm’s fifty day moving average is GBX 443.26 and its 200 day moving average is GBX 535.95. The stock has a market cap of £114.27 million, a P/E ratio of 4.44, a P/E/G ratio of 0.11 and a beta of 0.87.

Secure Trust Bank (LON:STB) last posted its quarterly earnings data on Thursday, March 13th. The company reported GBX 103.40 ($1.34) earnings per share for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. Research analysts forecast that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.

Secure Trust Bank Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 24th will be issued a dividend of GBX 22.50 ($0.29) per share. This represents a dividend yield of 3.92%. The ex-dividend date of this dividend is Thursday, April 24th. This is a positive change from Secure Trust Bank’s previous dividend of $11.30. Secure Trust Bank’s dividend payout ratio (DPR) is presently 20.71%.

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, 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.