Santander Consumer USA Holdings (NYSE:SC) has been under a strong bear grip, hence the stock is down -5.68% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.59% in the past 1 week. The stock has risen by 1.88% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.16% in the past 4 weeks.
The company shares have dropped -54.88% from its 1 Year high price. On Jul 30, 2015, the shares registered one year high at $25.60 and the one year low was seen on Mar 16, 2016. The 50-Day Moving Average price is $11.25 and the 200 Day Moving Average price is recorded at $11.50.
The stock has recorded a 20-day Moving Average of 3.56% and the 50-Day Moving Average is 7.28%.
Santander Consumer USA Holdings (NYSE:SC): stock turned positive on Friday. Though the stock opened at $10.29, the bulls momentum made the stock top out at $10.96 level for the day. The stock recorded a low of $10.22 and closed the trading day at $10.83, in the green by 6.70%. The total traded volume for the day was 2,050,745. The stock had closed at $10.15 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Deputy Chief Financial Officer) of Santander Consumer Usa Holdings Inc., Popp Jennifer had sold 1,144 shares worth of $11,760 in a transaction dated February 29, 2016. In this transaction, 1,144 shares were sold at $10.28 per share.
Santander Consumer USA Holdings Inc. is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program, purchases vehicle retail installment contracts and services automobile and recreational and marine vehicle portfolios for other lenders. Its products and services include vehicle finance, and origination and servicing.