Banco Santander S.A. (SAN) : Traders are bullish on Banco Santander S.A. (SAN) as it has outperformed the S&P 500 by a wide margin of 1.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.54%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.86% in the last 1 week, and is up 1.65% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The shares have received a consensus rating of Sell for the current week The stock has recorded a twenty day Moving Average of 2.78% and the fifty day Moving Average is 4.78%. Banco Santander, S.A. has dropped 9.99% during the last three month period . Year-to-Date the stock performance stands at -8%.
Banco Santander S.A. (NYSE:SAN): On Fridays trading session , Opening price of the stock was $4.35 with an intraday high of $4.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.26. However, the stock managed to close at $4.31, a loss of 0.23% for the day. On the previous day, the stock had closed at $4.32. The total traded volume of the day was 5,166,948 shares.
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.