Nationwide Building Society (LON:NBS) Stock Price Down 0.5% - Here's Why

Key Points

• Nationwide Building Society (LON:NBS) shares decreased by 0.5%, trading at GBX 129.91 ($1.73), with a significant drop in trading volume by 41% compared to average session levels.
• The company has a market capitalization of £1.38 billion and operates within the retail financial services sector in the UK, offering a variety of products including savings accounts and mortgages.
• Despite the recent stock decline, Nationwide has a low price-to-earnings ratio of 0.92, indicating potential valuation attractiveness in the market.

Nationwide Building Society (LON:NBS - ) shares fell 0.5% on Tuesday . The company traded as low as GBX 129.91 ($1.73) and last traded at GBX 129.91 ($1.73). 800 shares were traded during mid-day trading, a decline of 41% from the average session volume of 1,358 shares. The stock had previously closed at GBX 130.50 ($1.74).

Nationwide Building Society Stock Performance

The firm has a market capitalization of £1.38 billion, a price-to-earnings ratio of 0.92 and a beta of 0.30. The company has a 50-day moving average price of GBX 130.27 and a 200-day moving average price of GBX 130.64.

Nationwide Building Society Company Profile

Nationwide Building Society, together with its subsidiaries, provides retail financial services in the United Kingdom. The company offers current, savings, and individual savings accounts; residential mortgages; overdrafts, personal loans, car loans, and home improvement loans; and credit cards. It also provides loans to registered social landlords, loans made under the private finance initiatives, and commercial real estate loans.

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