Metro Bank (LON:MTRO) Reaches New 1-Year High – Still a Buy?

Metro Bank Holdings PLC (LON:MTROGet Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 97.80 ($1.23) and last traded at GBX 97.10 ($1.22), with a volume of 649994 shares changing hands. The stock had previously closed at GBX 93.70 ($1.17).

Metro Bank Price Performance

The stock has a 50-day moving average price of GBX 74.04 and a 200-day moving average price of GBX 54.99. The firm has a market capitalization of £686.29 million, a PE ratio of 5,020.00 and a beta of 2.33.

Insider Buying and Selling at Metro Bank

In other news, insider Robert Sharpe sold 29,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of GBX 94 ($1.18), for a total transaction of £27,260 ($34,173.25). 58.30% of the stock is owned by insiders.

Metro Bank Company Profile

(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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