The Banco Santander S.A. (NYSE:SAN) is going up by 1.54% in today’s trading session, a rise equivalent to 0.06% of the stock’s price from yesterday’s market close. A news came out on 11/04/19 stating that Santander Takes Stake in U.K. Payments Company by WSJ. The lowest point that the shares touched during the trading session was $3.87, while the peak of the day was recorded at a share price of $3.92. SAN finished the previous session at $3.90 according to the data provided by Barchart, while the trading volume was observed to be $4079470.
In the 100 days of trading, SAN managed to top a 4.10% Moving average. Additionally, Banco Santander S.A. shares have achieved a 52-week range between 3.65 and 5.25 alongside 100 days raw stochastic set at 31.18%.
The number of shares outstanding, according to the fundamentals of the company, is set at 16.58B, equal to the value of $64.65B in market capitalization. In the last 30 days, Banco Santander S.A. shares went down by -10.86%, adding 4.42 to growth in value, on top of a +2.34% boost since 10/22/19.
Banco Santander S.A. (NYSE:SAN) Analyst’s Estimates
According to the average analyst rating, Banco Santander S.A. would be rated as Overweight. Out of 23 different analysts monitoring SAN stock, 14 analysts rate the stock as a BUY, 3 suggest to give the rating of HOLD, 2 indicate that SAN is an OVERWEIGHT, 4 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 31, 2019, the stock earned a Downgrade rating due to a new analyst call from Keefe Bruyette, while analysts from JP Morgan believe that the stock is set at Neutral from Overweight, as concluded on October 31, 2019. Citigroup, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on October 01, 2019.
UBS, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on July 18, 2019, giving the stock a Neutral from the Buy rating.
SAN Key Ratios To Watch:
Beta value of the stock is recorded at 1.19. Additionally, Banco Santander S.A. is recording price volatility of 1.03% for the period of the last seven days and 1.30% in the last 30 days.
Banco Santander S.A. (NYSE:SAN) Technical Outlook
For the period of the last 50 days, Banco Santander S.A. had its Raw Stochastic average set at 26.15% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 16.67%. Stochastic %K for Banco Santander S.A., with the last 20 days included, was set at 9.81%, having Stochastic %D topping 7.06%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Banco Santander S.A. stocks with recording -12.95% in metrics.
Banco Santander S.A. Insider Watch:
Similarly, 1.86% of the company’s float is held by institutions – and there are 364 institutions in total holding shares of this company. The top three institutional holders of SAN stocks are: Fisher Asset Management, LLC with ownership of $445.13 million, which is approximately 110728157 of the company’s shares; Macquarie Group Limited, holding 20632654 shares of the stock with an approximate value of $82.94 million; and Capital World Investors, currently with more than 16495851 shares of the company valued at $66.31 million. Positions in Banco Santander S.A. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares.