Banco Santander (LON:BNC) Hits New 52-Week High - Still a Buy?

Key Points

• Banco Santander reached a new 52-week high of GBX 775 ($10.41) during trading, closing at GBX 774 ($10.40) with a trading volume of 127,343 shares.
• The company has a substantial market cap of £114.16 billion and a high price-to-earnings ratio of 928.74, indicating potential concerns about valuation.
• Banco Santander operates through multiple segments including Retail Banking, Corporate & Investment Banking, Wealth Management, and Insurance, providing a diverse range of financial services worldwide.

Banco Santander, S.A. (LON:BNC - ) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 775 ($10.41) and last traded at GBX 774 ($10.40), with a volume of 127343 shares. The stock had previously closed at GBX 762 ($10.24).

Banco Santander Stock Up 0.9%

The company's 50-day moving average is GBX 701.74 and its 200 day moving average is GBX 610.87. The company has a market cap of £114.16 billion, a price-to-earnings ratio of 928.74, a price-to-earnings-growth 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.

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