Banco Santander S.A. (SAN) has risen sharply, recording gains of 4.34% in the past 4 weeks. However, the stock has corrected -6.88% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 6.49% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.18% and the 50-Day Moving Average is 2.02%.The 200 Day SMA reached 0.46% Banco Santander, S.A. is up 1.27% in the last 3-month period. Year-to-Date the stock performance stands at -7.57%.
The shares have received a consensus rating of Sell for the current week Banco Santander S.A. (NYSE:SAN): stock was range-bound between the intraday low of $4.31 and the intraday high of $4.35 after having opened at $4.33 on Fridays session. The stock finally closed in the red at $4.33, a loss of -3.13%. The stock remained in the red for the whole trading day. The total traded volume was 4,182,237 shares. The stock failed to cross $4.35 in Fridays trading. The stocks closing price on Thursday was $4.33.
Banco Santander, S.A. is a Spain-based banking company. The Banks business segments include Retail Banking, which includes customer banking businesses; Global Wholesale Banking (GBM), which includes global corporate banking, investment banking and markets; Private Banking, Asset Management and Insurance, which include design and management of mutual and pension funds and insurance, and Spains run-off real estate, which includes loans to customers in Spain. It has operations in Continental Europe, which includes retail banking business, wholesale banking, and private banking and asset management and insurance, as well as the unit of Runoff Real Estate Activity in Spain; the United Kingdom, which include retail and wholesale banking, and private banking asset management and insurance; Latin America, which include financial activities conducted through its subsidiary banks and subsidiaries, and United States, which include the businesses of Santander Bank and Santander Puerto Rico.