NatWest Group (OTCMKTS:RBSPF) Shares Gap Down - Should You Sell?

Key Points

• NatWest Group's stock price dropped significantly, opening at $6.71 after a previous close of $7.14, reflecting a decline at the beginning of trading.
• The company reported quarterly earnings of $0.20 per share, exceeding analysts' expectations of $0.18, with revenues reaching $5.50 billion against a forecast of $4.06 billion.
• NatWest Group has a market capitalization of $57.09 billion and maintains a low debt-to-equity ratio of 0.14, indicating solid financial health.

NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $7.14, but opened at $6.71. NatWest Group shares last traded at $7.06, with a volume of 3,157 shares.

NatWest Group Price Performance

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 business has a 50 day simple moving average of $7.04 and a two-hundred day simple moving average of $6.63. The firm has a market capitalization of $59.96 billion, a P/E ratio of 9.75 and a beta of 0.94.

NatWest Group (OTCMKTS:RBSPF - Get Free Report) last announced its quarterly earnings data on Friday, July 25th. The company reported $0.20 earnings per share for the quarter, beating 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.

About NatWest Group

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.