Is it Time to Dump Banco Santander-Chile (BSAC) Stock After it Is Higher By 5.36% in a Week?

Banco Santander-Chile (BSAC) stock has gained 5.36% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Banco Santander-Chile has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BSAC!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With BSAC Stock Today?

Banco Santander-Chile (BSAC) stock is higher by 0.19% while the S&P 500 is lower by -0.22% as of 2:14 PM on Thursday, Jul 27. BSAC is higher by $0.04 from the previous closing price of $21.60 on volume of 216,559 shares. Over the past year the S&P 500 has gained 16.21% while BSAC is higher by 37.57%. BSAC earned $1.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.28. To see InvestorsObserver's Sentiment Score for Banco Santander-Chile click here.

More About Banco Santander-Chile

Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile. Click Here to get the full Stock Report for Banco Santander-Chile stock.