Standard Chartered (LON:STAN) Hits New 12-Month High – Time to Buy?

Shares of Standard Chartered PLC (LON:STANGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,035.50 ($12.64) and last traded at GBX 1,022.50 ($12.48), with a volume of 4753408 shares. The stock had previously closed at GBX 1,015 ($12.39).

Standard Chartered Trading Up 1.8 %

The stock has a 50 day moving average of GBX 970.19 and a 200-day moving average of GBX 834.44. The stock has a market capitalization of £25.49 billion, a P/E ratio of 1,195.98, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85.

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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