Banco Santander Mexico Sa Instcn De (NYSE:BSMX) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report issued on Thursday.
According to Zacks, “Banco Santander, S.A. Institución de Banca Múltiple provides banking services to commercial and private customers. The company’s products and services consist of securities brokerage, financial advice services, as well as other related investment activities and operations aimed at individuals and small and medium enterprises. Banco Santander, S.A. Institución de Banca Múltiple, formerly known as Grupo Financiero Santander, is based in Mexico. “
BSMX traded down $0.59 on Thursday, reaching $6.45. The company’s stock had a trading volume of 3,057,500 shares, compared to its average volume of 1,468,991. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of 9.35, a price-to-earnings-growth ratio of 1.75 and a beta of 1.60. Banco Santander Mexico Sa Instcn De has a fifty-two week low of $6.21 and a fifty-two week high of $8.81.
About Banco Santander Mexico Sa Instcn De
Banco Santander (México), SA, Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banking and Global Corporate Banking segments. It offers various deposit products, such as current accounts, savings accounts, and time deposits, as well as certificates of interbank deposits; and payroll loans, personal loans, credit cards, mortgages, and insurance brokerage services.
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