NatWest Group (OTCMKTS:RBSPF) Sees Strong Trading Volume - Here's Why

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.

NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) saw an uptick in trading volume on Tuesday . 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 Price Performance

The stock's fifty day moving average is $6.88 and its 200-day moving average is $6.40. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market cap of $59.64 billion, a PE ratio of 9.70 and a beta of 0.94.

NatWest Group (OTCMKTS:RBSPF - Get Free Report) last released its earnings results on Friday, July 25th. The company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The firm had revenue of $5.50 billion for the quarter, compared to analyst estimates 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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