Banco Santander (LON:BNC) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Banco Santander, S.A. (LON:BNCGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 771.78 and traded as high as GBX 833. Banco Santander shares last traded at GBX 815, with a volume of 216,697 shares.

Banco Santander Stock Up 0.6%

The stock’s fifty day moving average price is GBX 771.78 and its 200-day moving average price is GBX 692.41. The company has a market capitalization of £121.22 billion, a price-to-earnings ratio of 9.56, a P/E/G ratio of 2.18 and a beta of 1.32.

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.

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