NatWest Group (OTCMKTS:RBSPF) Trading Down 5.3% – Should You Sell?

NatWest Group PLC (OTCMKTS:RBSPF)’s stock price dropped 5.3% during mid-day trading on Monday . The company traded as low as $8.70 and last traded at $8.70. 370 shares were traded during mid-day trading, a decline of 98% from the average session volume of 23,902 shares. The stock had previously closed at $9.1850.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

NatWest Group Stock Down 3.3%

The company has a market cap of $71.15 billion, a P/E ratio of 8.88 and a beta of 0.96. The stock’s 50-day moving average price is $9.08 and its 200-day moving average price is $8.33. The company has a current ratio of 1.03, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

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

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.