Banco Santander (LON:BNC) Shares Up 2.2% – Here’s Why

Banco Santander, S.A. (LON:BNC – Get Free Report) shares traded up 2.2% during mid-day trading on Tuesday. The stock traded as high as GBX 953 and last traded at GBX 940. 1,444,690 shares traded hands during mid-day trading, an increase of 411% from the average session volume of 282,506 shares. The stock had previously closed at GBX 920.

Banco Santander Trading Down 1.8%

The stock’s 50 day simple moving average is GBX 1,011.63 and its 200 day simple moving average is GBX 965.80. The stock has a market capitalization of £133.08 billion, a P/E ratio of 8.71, a P/E/G ratio of 2.18 and a beta of 0.93.

Banco Santander Company Profile

(Get Free Report)

Banco Santander, S.A. 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. The company also provides asset management and private banking services; and insurance products.

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