Secure Trust Bank (LON:STB) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Secure Trust Bank PLC (LON:STB)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 524.35 ($6.79) and traded as high as GBX 604 ($7.82). Secure Trust Bank shares last traded at GBX 596.29 ($7.72), with a volume of 104,993 shares.

Wall Street Analyst Weigh In

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

Secure Trust Bank Stock Down 0.6 %

The company has a market capitalization of £113.56 million, a price-to-earnings ratio of 4.41, a P/E/G ratio of 0.11 and a beta of 0.87. The stock has a 50 day simple moving average of GBX 471.21 and a 200 day simple moving average of GBX 524.35.

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

Secure Trust Bank Increases Dividend

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

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.