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

Key Points

• NatWest Group's shares experienced a **111% increase** in trading volume, with **35,526 shares** changing hands compared to the previous session.
• The stock price dropped by **2.9%**, closing at **$7.19**, while its market capitalization stands at **$57.21 billion**.
• In the last quarter, NatWest Group reported an **EPS of $0.20**, exceeding analyst estimates, and a revenue of **$5.50 billion** against expectations of **$4.06 billion**.

Shares of NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) saw an uptick in trading volume on Wednesday . 35,526 shares changed hands during mid-day trading, an increase of 111% from the previous session's volume of 16,847 shares.The stock last traded at $7.19 and had previously closed at $7.28.

NatWest Group Stock Performance

The firm has a market capitalization of $55.88 billion, a P/E ratio of 9.09 and a beta of 0.94. The stock has a fifty day simple moving average of $7.08 and a two-hundred day simple moving average of $6.66. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.05 and a quick ratio of 1.05.

NatWest Group (OTCMKTS:RBSPF - Get Free Report) last issued 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 business had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $4.06 billion. NatWest Group had a return on equity of 11.99% and a net margin of 16.84%.

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.