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NatWest Group (OTCMKTS:RBSPF) Shares Gap Up - Still a Buy?

NatWest Group logo with Finance background

Key Points

  • NatWest Group's shares opened at $7.87, up from a previous close of $7.28, but later traded down to $7.01.
  • For the last quarter, NatWest reported earnings of $0.20 EPS, exceeding the consensus estimate by $0.02, with revenue of $5.50 billion compared to expectations of $4.06 billion.
  • The company has a market capitalization of $56.99 billion, a PE ratio of 9.27, and a low debt-to-equity ratio of 0.14.
  • Five stocks to consider instead of NatWest Group.

NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $7.28, but opened at $7.87. NatWest Group shares last traded at $7.01, with a volume of 1,702 shares trading hands.

NatWest Group Trading Down 3.2%

The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $56.99 billion, a PE ratio of 9.27 and a beta of 0.92. The firm's 50 day simple moving average is $7.19 and its 200-day simple moving average is $6.81.

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

About NatWest Group

(Get Free Report)

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.

Further Reading

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