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Banco Santander (LON:BNC) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Banco Santander logo with Financial Services background

Shares of Banco Santander, S.A. (LON:BNC - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 373.03 ($4.67) and traded as low as GBX 364 ($4.55). Banco Santander shares last traded at GBX 369 ($4.62), with a volume of 133,168 shares changing hands.

Banco Santander Stock Up 1.2 %

The firm has a market capitalization of £56.68 billion, a PE ratio of 625.42, a PEG ratio of 2.18 and a beta of 1.32. The business's fifty day moving average price is GBX 372.80 and its 200 day moving average price is GBX 370.28.

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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