Secure Trust Bank (LON:STB) Shares Pass Below Two Hundred Day Moving Average of $690.21

Secure Trust Bank PLC (LON:STB – Get Rating)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 690.21 ($8.58) and traded as low as GBX 627.69 ($7.81). Secure Trust Bank shares last traded at GBX 630 ($7.84), with a volume of 39,156 shares.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on STB shares. Peel Hunt reiterated a “buy” rating and issued a GBX 989 ($12.30) target price on shares of Secure Trust Bank in a research report on Tuesday, April 4th. Shore Capital restated a “buy” rating on shares of Secure Trust Bank in a research report on Thursday, March 30th. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,766 ($21.97) price objective on shares of Secure Trust Bank in a research report on Thursday, March 30th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,420 ($17.66) price objective on shares of Secure Trust Bank in a research report on Monday, April 3rd.

Secure Trust Bank Trading Up 0.3 %

The company’s 50-day moving average price is GBX 666.08 and its two-hundred day moving average price is GBX 690.21. The company has a market cap of £117.81 million, a P/E ratio of 414.47, a price-to-earnings-growth ratio of 0.11 and a beta of 0.96.

Secure Trust Bank Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 25th. Shareholders of record on Thursday, April 27th will be issued a GBX 29.10 ($0.36) dividend. This represents a dividend yield of 4.38%. This is a boost from Secure Trust Bank’s previous dividend of $16.00. The ex-dividend date of this dividend is Thursday, April 27th. Secure Trust Bank’s dividend payout ratio (DPR) is presently 2,960.53%.

Secure Trust Bank Company Profile

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Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through Real Estate Finance, Commercial Finance, Vehicle Finance, Retail Finance, and Debt Management segments. The Real Estate Finance segment provides loans for residential and commercial investment and development, as well as for mixed development projects.