Banco Santander SA (SAN) Gains Contribute To Strong Performance
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 Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.1%. By the end of trading, Banco Santander rose 8 cents (1.2%) to $6.87 on average volume. Throughout the day, 6.2 million shares of Banco Santander exchanged hands as compared to its average daily volume of 5.6 million shares. The stock ranged in a price between $6.70-$6.88 after having opened the day at $6.76 as compared to the previous trading day's close of $6.79. Other companies within the Financial sector that increased today were: Altisource Residential Corporation (RESI), up 33.3%, American Spectrum Realty (AQQ), up 27.1%, Bank VA Chesterfield (BOVA), up 20.6%, and Cordia Bancorp (BVA), up 20.6%.
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