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

Banco Santander logo with Financial Services background

Shares of Banco Santander, S.A. (LON:BNC - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 613 ($8.36) and last traded at GBX 612.25 ($8.35), with a volume of 108613 shares traded. The stock had previously closed at GBX 598 ($8.16).

Banco Santander Stock Performance

The company has a market cap of £112.88 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 2.18 and a beta of 1.32. The stock has a 50 day moving average of GBX 578.84 and a 200-day moving average of GBX 501.02.

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.

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