Standard Chartered (LON:STAN) Hits New 52-Week High – Still a Buy?

Standard Chartered PLC (LON:STANGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,013.50 ($12.53) and last traded at GBX 1,011.50 ($12.50), with a volume of 46683125 shares. The stock had previously closed at GBX 1,007.50 ($12.45).

Standard Chartered Stock Performance

The firm has a market capitalization of £24.73 billion, a P/E ratio of 1,160.34, a P/E/G ratio of 0.80 and a beta of 0.85. The stock has a fifty day moving average price of GBX 957.68 and a two-hundred day moving average price of GBX 825.76.

About Standard Chartered

(Get Free Report)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.

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