Banco Santander Stock Falls On Unusually High Volume (SAN)

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.

NEW YORK ( TheStreet) -- Banco Santander (NYSE: SAN) is trading at unusually high volume Thursday with 13.7 million shares changing hands. It is currently at two times its average daily volume and trading down 28 cents (-4%) at $6.68 as of 11:20 a.m. ET.

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Banco Santander has a market cap of $74.93 billion and is part of the financial sector and banking industry. Shares are down 14.8% year to date as of the close of trading on Wednesday.

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile.

TheStreet Ratings rates Banco Santander as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and deteriorating net income. You can view the full Banco Santander Ratings Report.

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