Banco Santander SA (SAN): Today's Featured Banking Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Banco Santander (SAN) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Banco Santander fell 15 cents (-1.9%) to $7.82 on light volume. Throughout the day, 3.1 million shares of Banco Santander exchanged hands as compared to its average daily volume of five million shares. The stock ranged in price between $7.78-$7.91 after having opened the day at $7.83 as compared to the previous trading day's close of $7.97. Other companies within the Banking industry that declined today were: First Financial Service Corporation (FFKY), down 8%, Bridge Bancorp (BDGE), down 7.3%, BB&T (BBT), down 7.1%, and Ames National (ATLO), down 6.9%.
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