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Banco Santander (LON:BNC) Stock Price Crosses Above 50 Day Moving Average - Time to Sell?

Banco Santander logo with Financial Services background

Key Points

  • Banco Santander's stock price recently surpassed its 50-day moving average, trading at GBX 714 ($9.66) after reaching a peak of GBX 720.13 ($9.74).
  • The company's market capitalization stands at £108.06 billion with a P/E ratio of 879.08, indicating high valuations compared to its earnings.
  • Banco Santander operates across various financial segments including Retail Banking and Investment Banking, providing a wide range of financial services globally.
  • MarketBeat previews the top five stocks to own by November 1st.

Banco Santander, S.A. (LON:BNC - Get Free Report)'s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 668.38 ($9.06) and traded as high as GBX 720.13 ($9.76). Banco Santander shares last traded at GBX 714 ($9.68), with a volume of 163,079 shares.

Banco Santander Price Performance

The company's fifty day moving average is GBX 675.34 and its 200-day moving average is GBX 592.63. The stock has a market cap of £110.45 billion, a PE ratio of 898.55, a PEG 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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