NatWest Group (OTCMKTS:RBSPF) Sees Unusually-High Trading Volume - Time to Buy?

Key Points

• NatWest Group saw a significant increase in trading volume, with 105,276 shares exchanged, up by 496% from the prior day's volume of 17,656 shares.
• The company's recent earnings report showed a profit of $0.20 per share, exceeding the consensus estimate of $0.18, alongside a revenue of $5.50 billion against expectations of $4.06 billion.
• NatWest Group boasts a market capitalization of $59.64 billion and a PE ratio of 9.70, indicating a stable financial position within the banking industry.

Shares of NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 105,276 shares changed hands during mid-day trading, an increase of 496% from the previous session's volume of 17,656 shares.The stock last traded at $7.30 and had previously closed at $7.54.

NatWest Group Trading Up 0.8%

The business has a fifty day moving average of $6.93 and a 200-day moving average of $6.45. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market capitalization of $62.59 billion, a P/E ratio of 10.18 and a beta of 0.94.

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

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.