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

Banco Santander, S.A. (LON:BNCGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 850.14 and traded as high as GBX 907. Banco Santander shares last traded at GBX 906, with a volume of 193,159 shares traded.

Banco Santander Stock Performance

The firm’s 50 day simple moving average is GBX 850.14 and its 200 day simple moving average is GBX 760.30. The firm has a market capitalization of £131.72 billion, a price-to-earnings ratio of 10.45, a PEG ratio of 2.18 and a beta of 1.32.

Banco Santander Company Profile

(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.

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