NatWest Group (OTCMKTS:RBSPF) Shares Gap Up - Time to Buy?

Key Points

• NatWest Group's shares opened at $7.49 after closing at $7.20, indicating a positive shift prior to trading on Friday.
• The company achieved a net margin of 16.84% and reported earnings per share of $0.20, exceeding analysts' expectations of $0.18.
• NatWest has a market capitalization of $59.52 billion and a P/E ratio of 9.68, suggesting a potentially attractive investment opportunity.

Shares of NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $7.20, but opened at $7.49. NatWest Group shares last traded at $7.49, with a volume of 122 shares changing hands.

NatWest Group Trading Up 2.2%

The stock has a market capitalization of $59.52 billion, a P/E ratio of 9.68 and a beta of 0.92. 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 business's 50 day simple moving average is $7.13 and its 200-day simple moving average is $6.73.

NatWest Group (OTCMKTS:RBSPF - Get Free Report) last announced its quarterly 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 company had revenue of $5.50 billion for the quarter, compared to analysts' expectations of $4.06 billion. NatWest Group had a net margin of 16.84% and a return on equity of 11.99%.

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.

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