Banco Santander (LON:BNC) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Banco Santander, S.A. (LON:BNC)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 885.18 and traded as high as GBX 950. Banco Santander shares last traded at GBX 939, with a volume of 188,910 shares changing hands.

Banco Santander Trading Up 1.3%

The stock has a market cap of £135.22 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 2.18 and a beta of 0.96. The company’s fifty day simple moving average is GBX 885.18 and its 200-day simple moving average is GBX 876.27.

Insider Transactions at Banco Santander

In other Banco Santander news, insider Ana Patricia Botin purchased 100,000 shares of the stock in a transaction on Thursday, March 5th. The shares were purchased at an average price of GBX 848 per share, with a total value of £848,000. 3.08% of the stock is owned by company insiders.

Banco Santander Company Profile

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also provides asset management and private banking services; and insurance products.