In trading on Monday, shares of Banco Santander Brasil SA (Symbol: BSBR) crossed above their 200 day moving average of $5.94, changing hands as high as $5.95 per share. Banco Santander Brasil SA shares are currently trading up about 4% on the day. The chart below shows the one year performance of BSBR shares, versus its 200 day moving average:
Looking at the chart above, BSBR's low point in its 52 week range is $4.48 per share, with $7.63 as the 52 week high point - that compares with a last trade of $5.91.
According to the ETF Finder at ETF Channel, BSBR makes up 9.77% of the Brazil Financials ETF (Symbol: BRAF) which is trading higher by about 3.2% on the day Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.