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

Banco Santander, S.A. (LON:BNCGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 897.87 and traded as high as GBX 940. Banco Santander shares last traded at GBX 927, with a volume of 219,852 shares traded.

Banco Santander Trading Up 1.0%

The company has a market cap of £137.51 billion, a price-to-earnings ratio of 10.91, a price-to-earnings-growth ratio of 2.18 and a beta of 1.32. The firm’s fifty day moving average price is GBX 897.87 and its 200-day moving average price is GBX 801.10.

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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