Banco Santander (LON:BNC) Stock Price Crosses Above 50 Day Moving Average of $364.60

Market Beat
2024.08.29 08:21
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Banco Santander's shares (LON:BNC) rose above their 50-day moving average of GBX 364.60 during Wednesday trading, reaching a high of GBX 385 before settling at GBX 374.50, an increase of 1.3%. The stock has a market cap of £58.78 billion and a P/E ratio of 624.17. Despite this positive movement, analysts currently hold a "hold" rating on Banco Santander, suggesting better investment opportunities elsewhere. The company provides a range of financial services, including retail and corporate banking.