Banco Santander (LON:BNC) Stock Price Crosses Above 50-Day Moving Average - What's Next?

Key Points

• Banco Santander's stock has surpassed its fifty-day moving average, trading at GBX 720 ($9.73) with a market cap of £132.16 billion.
• The stock's prices indicate a price-to-earnings ratio of 11.28 and a PEG ratio of 2.18, suggesting a valuation snapshot for investors.
• Banco Santander offers a variety of financial services globally, including retail banking, investment banking, and wealth management.

Banco Santander, S.A. (LON:BNC - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 641.36 ($8.66) and traded as high as GBX 721 ($9.73). Banco Santander shares last traded at GBX 720 ($9.72), with a volume of 140,501 shares trading hands.

Banco Santander Stock Performance

The company has a market capitalization of £129.40 billion, a price-to-earnings ratio of 11.05, a P/E/G ratio of 2.18 and a beta of 1.32. The business has a 50 day moving average price of GBX 648.04 and a 200-day moving average price of GBX 572.42.

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.