Standard Chartered (LON:STAN) Sets New 12-Month Low – Here’s What Happened

Shares of Standard Chartered PLC (LON:STANGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 9.87 ($0.12) and last traded at GBX 999 ($12.29), with a volume of 44986711 shares trading hands. The stock had previously closed at GBX 987 ($12.14).

Standard Chartered Price Performance

The firm’s fifty day moving average price is GBX 960.84 and its 200-day moving average price is GBX 827.07. The company has a market cap of £24.82 billion, a price-to-earnings ratio of 1,164.37, 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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