Banco Santander, Reaches New 12-Month High at $10.69 (SAN)
Banco Santander, (NYSE:SAN)’s share price reached a new 52-week high on Friday , AR Network reports. The stock traded as high as $10.69 and last traded at $10.62, with a volume of 11,902,239 shares trading hands. The stock had previously closed at $10.43.
Separately, analysts at Deutsche Bank upgraded shares of Banco Santander, from a “sell” rating to a “hold” rating in a research note on Monday, March 31st. Three analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Banco Santander, has an average rating of “Hold”.
The stock’s 50-day moving average is $10.00 and its 200-day moving average is $9.25. The company has a market cap of $122.7 billion and a price-to-earnings ratio of 19.28. Banco Santander, also was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 16,776,087 shares, a growth of 56.2% from the April 30th total of 10,741,736 shares. Based on an average trading volume of 5,909,457 shares, the short-interest ratio is currently 2.8 days. Currently, 0.1% of the company’s shares are sold short.
Banco Santander, SA (NYSE:SAN)is a financial group operating principally in Spain, the United Kingdom, Portugal, other European countries, Brazil and other Latin American countries and the United States, offering a range of financial products.
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