Banco Santander S.A. (SAN) Shares are Down -3.26%

Banco Santander S.A. (SAN) : During the past 4 weeks, traders have been relatively bearish on Banco Santander S.A. (SAN), hence the stock is down -2.73% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.23% relative to the S&P 500. The 4-week change in the price of the stock is -2.35% and the stock has fallen -3.26% in the past 1 week.

Banco Santander, S.A. has dropped 8.83% during the last 3-month period . Year-to-Date the stock performance stands at -11.41%. The stock has recorded a 20-day Moving Average of 0.45% and the 50-Day Moving Average is 1.01%.


Banco Santander S.A. (NYSE:SAN): The stock opened at $4.10 on Friday but the bulls could not build on the opening and the stock topped out at $4.15 for the day. The stock traded down to $4.08 during the day, due to lack of any buying support eventually closed down at $4.15 with a loss of -1.43% for the day. The stock had closed at $4.21 on the previous day. The total traded volume was 4,951,796 shares.

Also, 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.

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.

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