Large Outflow of Money Witnessed in Banco Santander S.A.

Banco Santander S.A. (SAN) : The value of composite uptick trades was $0.03 million, whereas, the value of composite downtick trades was $0.67 million. The uptick to downtick ratio stood at 0.04 with a negative money flow of ($0.64) Million during Wednesdays trading session. The block trades money flow was negative ($0.66 million). The transaction of the trades on downticks amounted to $0.66 million, which confirms investors selling on the strength of price. Banco Santander S.A. (SAN) gained 5 cents at $4.4, an increase of 1.15% over the previous days close.


Banco Santander, S.A. has dropped 1.77% in the last five trading days, however, the shares have posted positive gains of 2.55% in the last 4 weeks. Banco Santander, S.A. is up 15.59% in the last 3-month period. Year-to-Date the stock performance stands at -5.43%.

Banco Santander S.A. (SAN) : 1 brokerage houses believe that Banco Santander S.A. (SAN) is a Strong Buy at current levels. Zacks Investment Research suggests a Buy with a rank of 2. 2 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 3 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

Banco Santander S.A. (NYSE:SAN): The stock opened at $4.41 and touched an intraday high of $4.43 on Wednesday. During the day, the stock corrected to an intraday low of $4.35, however, the bulls stepped in and pushed the price higher to close in the green at $4.43 with a gain of 1.84% for the day. The total traded volume for the day was 4,912,528. The stock had closed at $4.35 in the previous trading session.

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.

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