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Banco Santander (LON:BNC) Reaches New 12-Month High - Here's Why

Banco Santander logo with Financial Services background

Banco Santander, S.A. (LON:BNC - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 605 ($8.20) and last traded at GBX 605 ($8.20), with a volume of 687341 shares traded. The stock had previously closed at GBX 578 ($7.83).

Banco Santander Price Performance

The firm has a market cap of £111.05 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 2.18 and a beta of 1.32. The company has a 50-day simple moving average of GBX 550.88 and a 200-day simple moving average of GBX 479.82.

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.

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