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Banco Santander (LON:BNC) Share Price Crosses Above 50 Day Moving Average - Here's Why

Banco Santander logo with Financial Services background

Banco Santander, S.A. (LON:BNC - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 537.68 ($7.30) and traded as high as GBX 595 ($8.08). Banco Santander shares last traded at GBX 589 ($8.00), with a volume of 188,008 shares changing hands.

Banco Santander Stock Performance

The stock's 50-day moving average is GBX 539.16 and its 200 day moving average is GBX 469.24. The stock has a market capitalization of £108.69 billion, a PE ratio of 9.28, a P/E/G ratio of 2.18 and a beta of 1.32.

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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