Banco Santander (LON:BNC) Sets New 52-Week High - Time to Buy?

Key Points

• Banco Santander's shares reached a new 52-week high at GBX 765 ($10.44) on Wednesday, closing at GBX 725 ($9.90) with a trading volume of 109,639 shares.
• The company's market capitalization stands at £108.65 billion, with a high P/E ratio of 883.91, indicating a potential growth stock.
• Banco Santander operates through multiple segments, including Retail Banking and Corporate & Investment Banking, providing a wide range of financial services.

Banco Santander, S.A. (LON:BNC - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 765 ($10.31) and last traded at GBX 725 ($9.77), with a volume of 109639 shares changing hands. The stock had previously closed at GBX 736 ($9.92).

Banco Santander Price Performance

The company has a 50-day moving average price of GBX 685.88 and a 200-day moving average price of GBX 599.38. The firm has a market capitalization of £112.08 billion, a PE ratio of 911.84, a P/E/G ratio of 2.18 and a beta of 1.32.

Banco Santander Company Profile

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.