NatWest Group (OTCMKTS:RBSPF) Sees Large Volume Increase - Here's Why

Key Points

• NatWest Group experienced a significant increase in trading volume, with shares traded rising by 516% from the previous session.
• The stock reported earnings of $0.20 per share, surpassing the consensus estimate by $0.02, alongside revenues of $5.50 billion for the quarter.
• NatWest Group has a current market cap of $56.81 billion and a PE ratio of 9.24.

NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) saw an uptick in trading volume on Tuesday . 103,026 shares changed hands during trading, an increase of 516% from the previous session's volume of 16,718 shares.The stock last traded at $6.86 and had previously closed at $6.94.

NatWest Group Trading Up 2.3%

The stock has a market cap of $56.81 billion, a PE ratio of 9.24 and a beta of 0.94. The stock's fifty day moving average price is $7.11 and its 200 day moving average price is $6.71. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14.

NatWest Group (OTCMKTS:RBSPF - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The business had revenue of $5.50 billion for the quarter, compared to the consensus estimate of $4.06 billion. NatWest Group had a net margin of 16.84% and a return on equity of 11.99%.

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.

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