Standard Chartered (LON:STAN) Reaches New 52-Week Low – Time to Sell?

Standard Chartered PLC (LON:STANGet Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 21.46 ($0.26) and last traded at GBX 1,069 ($13.16), with a volume of 29648541 shares traded. The stock had previously closed at GBX 1,065 ($13.11).

Standard Chartered Stock Up 0.7 %

The firm’s 50-day moving average price is GBX 985.22 and its two-hundred day moving average price is GBX 846.47. The firm has a market capitalization of £26.26 billion, a PE ratio of 1,232.18, a P/E/G ratio of 0.80 and a beta of 0.85.

Standard Chartered Company Profile

(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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