Banco Santander S.A. ADR’s filing revealed that its Chief Risk Officer Mahesh Chatta Aditya acquired Company’s shares for reported $50659.0 on Nov 08 ’24. In the deal valued at $4.75 per share,10,665 shares were bought.
Morgan Stanley upgraded its Banco Santander S.A. ADR [SAN] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in late March from “an Equal weight” to “an Overweight”. Barclays began covering SAN with “an Equal weight” recommendation on July 18, 2023. HSBC Securities revised its rating on May 01, 2023. It rated SAN as “a Hold” which previously was an “a Buy”.
Price Performance Review of SAN
On Tuesday, Banco Santander S.A. ADR [NYSE:SAN] saw its stock jump 1.30% to $4.69. Over the last five days, the stock has gained 3.30%. Banco Santander S.A. ADR shares have risen nearly 2.85% since the year began. Nevertheless, the stocks have risen 10.61% over the past one year. While a 52-week high of $5.27 was reached on 01/07/25, a 52-week low of $3.83 was recorded on 01/02/25. SMA at 50 days reached $4.73, while 200 days put it at $4.84.
Levels Of Support And Resistance For SAN Stock
The 24-hour chart illustrates a support level at 4.66, which if violated will result in even more drops to 4.63. On the upside, there is a resistance level at 4.73. A further resistance level may holdings at 4.77. The Relative Strength Index (RSI) on the 14-day chart is 53.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.21%. Stochastics %K at 44.61% indicates the stock is a holding.
How much short interest is there in Banco Santander S.A. ADR?
A steep rise in short interest was recorded in Banco Santander S.A. ADR stocks on 2024-12-13, dropping by -0.52 million shares to a total of 6.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.69 million shares. There was a decline of -8.38%, which implies that there is a negative sentiment for the stock.
