NatWest Group (OTCMKTS:RBSPF) Trading Up 4.9% – Time to Buy?

NatWest Group PLC (OTCMKTS:RBSPF)’s share price rose 4.9% during trading on Monday . The company traded as high as $9.3950 and last traded at $9.3950. Approximately 338 shares traded hands during trading, a decline of 99% from the average session volume of 24,584 shares. The stock had previously closed at $8.96.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, NatWest Group presently has an average rating of “Buy”.

NatWest Group Stock Down 1.1%

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.03. The stock’s fifty day simple moving average is $9.04 and its two-hundred day simple moving average is $8.32. The stock has a market capitalization of $74.70 billion, a P/E ratio of 9.32 and a beta of 0.96.

NatWest Group (OTCMKTS:RBSPF) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%. The company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.83 billion.

NatWest Group Company Profile

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.