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Banco Santander (LON:BNC) Stock Price Crosses Above Fifty 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 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 730.30 ($9.76) and traded as high as GBX 737.13 ($9.85). Banco Santander shares last traded at GBX 729 ($9.74), with a volume of 219,003 shares trading hands.

Banco Santander Stock Performance

The firm has a market cap of £108.46 billion, a PE ratio of 8.84, a PEG ratio of 2.18 and a beta of 1.32. The firm's 50 day moving average price is GBX 730.30 and its two-hundred day moving average price is GBX 635.12.

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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