Santander Consumer USA Holdings (SC) Shares are Up 4.18%

Santander Consumer USA Holdings (SC) : Traders are bullish on Santander Consumer USA Holdings (SC) as it has outperformed the S&P 500 by a wide margin of 7.47% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.66%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.18% in the last 1 week, and is up 7.33% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 6.09% and the 50-Day Moving Average is 10.29%.The 200 Day SMA reached 2.35%. Santander Consumer USA Holdings Inc. has dropped 2.05% during the last 3-month period . Year-to-Date the stock performance stands at -21.45%.


Santander Consumer USA Holdings (NYSE:SC): After opening at $12.44, the stock dipped to an intraday low of $12.24 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.59 and the buying power remained strong till the end. The stock closed at $12.45 for the day, a gain of 0.57% for the day session. The total traded volume was 802,139. The stocks close on the previous trading day was $12.38.

Santander Consumer USA Holdings Inc. is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program, purchases vehicle retail installment contracts and services automobile and recreational and marine vehicle portfolios for other lenders. Its products and services include vehicle finance, and origination and servicing.

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