Stocks of Banco Santander S.A. (NYSE:SAN) rallied by 0.46% during the past week but lost 6.06% on a 4-week basis. The company has outperformed the S&P 500 by 1.67% in the past week but underperformed the index by 6.92% in the last 4 weeks.
Banco Santander S.A. (NYSE:SAN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.27 and $4.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.34, notching a gain of 3.58% for the day. The total traded volume was 6,702,221 . The stock had closed at $4.19 on the previous day.
The company shares have dropped -40.06% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $7.72 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $4.61 and the 200 Day Moving Average price is recorded at $4.54.
Many analysts have stated their opinion on the company shares. Major Brokerage house, JP Morgan upgrades its ratings on Banco Santander S.A. (NYSE:SAN). According to the latest information available, the shares are now rated Overweight by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on April 25, 2016. Currently the company Insiders own 9.48% of Banco Santander S.A. shares according to the proxy statements. Institutional Investors own 0.62% of Banco Santander S.A. shares.
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.