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NatWest Group (OTCMKTS:RBSPF) Shares Gap Up - What's Next?

NatWest Group logo with Finance background

Key Points

  • NatWest Group shares gapped up, opening at $7.41 after closing at $6.97, with a trading volume of 6,297 shares.
  • The company's latest earnings report revealed an EPS of $0.20, surpassing estimates of $0.18, and a revenue of $5.50 billion compared to an estimate of $4.06 billion.
  • NatWest Group has a market capitalization of $59.48 billion and a P/E ratio of 9.67, indicating solid financial performance.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $6.97, but opened at $7.41. NatWest Group shares last traded at $7.41, with a volume of 6,297 shares traded.

NatWest Group Price Performance

The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14. The business's fifty day moving average is $7.19 and its 200 day moving average is $6.84. The firm has a market capitalization of $59.48 billion, a P/E ratio of 9.67 and a beta of 0.92.

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

NatWest Group Company Profile

(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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