Standard Chartered (LON:STAN) Sets New 12-Month High – Should You Buy?

Standard Chartered PLC (LON:STANGet Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 1,013.50 ($12.37) and last traded at GBX 1,011.50 ($12.35), with a volume of 46683125 shares. The stock had previously closed at GBX 1,007.50 ($12.30).

Standard Chartered Trading Up 1.1 %

The company has a fifty day moving average price of GBX 964.28 and a two-hundred day moving average price of GBX 828.96. The firm has a market capitalization of £25.11 billion, a PE ratio of 1,178.16, a P/E/G ratio of 0.80 and a beta of 0.85.

About Standard Chartered

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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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