Banco Santander (LON:BNC) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Banco Santander, S.A. (LON:BNCGet Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,064.06 and traded as high as GBX 1,098. Banco Santander shares last traded at GBX 1,090, with a volume of 87,518 shares trading hands.

Banco Santander Trading Down 2.9%

The company has a fifty day moving average of GBX 1,065.62 and a 200-day moving average of GBX 966.39. The company has a market capitalization of £155.97 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 2.18 and a beta of 0.93.

About Banco Santander

(Get Free Report)

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also provides asset management and private banking services; and insurance products.

See Also

Receive News & Ratings for Banco Santander Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander and related companies with MarketBeat.com's FREE daily email newsletter.