Banco Santander (LON:BNC) Shares Cross Below Fifty Day Moving Average of $242.04

Shares of Banco Santander, S.A. (LON:BNCGet Rating) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 242.04 ($2.96) and traded as low as GBX 229.35 ($2.81). Banco Santander shares last traded at GBX 229.35 ($2.81), with a volume of 274,537 shares trading hands.

The firm has a market cap of £39.17 billion and a price-to-earnings ratio of 5.41. The stock has a 50 day moving average of GBX 242.04 and a 200 day moving average of GBX 251.27.

In other Banco Santander news, insider Ramiro Mato García Ansorena bought 100,000 shares of the stock in a transaction on Wednesday, April 27th. The stock was purchased at an average price of GBX 278 ($3.41) per share, with a total value of £278,000 ($340,519.35).

About Banco Santander (LON:BNC)

Banco Santander, SA provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products.

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