Banco Santander (LON:BNC) Shares Pass Above 50-Day Moving Average – Time to Sell?

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 868.90 and traded as high as GBX 895. Banco Santander shares last traded at GBX 885, with a volume of 90,409 shares traded.

Banco Santander Stock Performance

The stock has a market capitalization of £127.73 billion, a P/E ratio of 8.45, a P/E/G ratio of 2.18 and a beta of 0.96. The stock has a 50 day moving average of GBX 870.19 and a 200 day moving average of GBX 866.31.

Insider Buying and Selling

In other Banco Santander news, insider Ana Patricia Botin purchased 100,000 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was bought at an average price of GBX 848 per share, with a total value of £848,000. 3.08% of the stock is currently owned by insiders.

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.

Featured Stories

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.