Metro Bank (OTCMKTS:MBNKF) Shares Down 3.5% – Here’s Why

Shares of Metro Bank Holdings PLC (OTCMKTS:MBNKF – Get Free Report) fell 3.5% during mid-day trading on Thursday. The stock traded as low as $1.38 and last traded at $1.38. 700 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 19,248 shares. The stock had previously closed at $1.43.

Metro Bank Stock Down 3.5%

The company has a 50 day simple moving average of $1.38 and a 200 day simple moving average of $1.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 0.75.

Metro Bank Company Profile

(Get Free Report)

Metro Bank plc is a United Kingdom-based retail and commercial bank that provides banking services to individuals, families and businesses. The company offers current and savings accounts, personal loans, mortgages, credit cards and other everyday banking products, along with business accounts, lending and cash-management services for small and medium-sized enterprises.

Founded in 2010, Metro Bank was established as a challenger to the established UK banking groups and became the first new UK high-street bank in more than 150 years.

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