Banco Santander (LON:BNC) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Banco Santander, S.A. (LON:BNCGet Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 874.45 and traded as high as GBX 920. Banco Santander shares last traded at GBX 907, with a volume of 267,071 shares trading hands.

Banco Santander Trading Up 0.2%

The business’s 50 day moving average is GBX 874.45 and its two-hundred day moving average is GBX 870.78. The company has a market cap of £130.06 billion, a PE ratio of 8.60, a PEG ratio of 2.18 and a beta of 0.96.

Insider Buying and Selling at Banco Santander

In other news, insider Ana Patricia Botin bought 100,000 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average price of GBX 848 per share, for a total transaction of £848,000. Company insiders own 3.08% of the company’s stock.

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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