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An update from Secure Trust Bank ( (GB:STB) ) is now available.
Secure Trust Bank PLC announced that Kiripaka Capital Limited, associated with Jim Brown, Chair of STB, purchased 3,525 ordinary shares at £8.48 each. Additionally, Mary Hartley, associated with Julian Hartley, a PDMR of the company, acquired 13,847 shares at £8.62 each. These transactions, conducted on the London Stock Exchange, reflect strategic share acquisitions by individuals closely linked to the bank’s leadership, potentially indicating confidence in the company’s future performance.
Spark’s Take on GB:STB Stock
According to Spark, TipRanks’ AI Analyst, GB:STB is a Outperform.
The overall score is driven by strong technical analysis and positive corporate events. Valuation indicates the stock may be undervalued, providing a good entry point. Financial performance shows some challenges, particularly in cash flow, but is balanced by strategic management decisions.
To see Spark’s full report on GB:STB stock, click here.
More about Secure Trust Bank
Secure Trust Bank PLC is a well-established UK retail bank with a 72-year history, headquartered in Solihull, West Midlands. The bank focuses on Business Finance through its Real Estate Finance and Commercial Finance divisions, and Consumer Finance through its Retail Finance division. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Average Trading Volume: 81,233
Technical Sentiment Signal: Buy
Current Market Cap: £156.9M
Find detailed analytics on STB stock on TipRanks’ Stock Analysis page.