NatWest Group (OTCMKTS:RBSPF) Trading 0.3% Higher - What's Next?

Key Points

• NatWest Group shares rose 0.3% to $6.98 after trading at a high of $7.20, despite a 32% drop in volume compared to average trading.
• The company reported a Q2 earnings per share of $0.20, exceeding estimates of $0.18, with revenue hitting $5.50 billion against a projected $4.06 billion.
• NatWest Group has a market capitalization of $56.44 billion and a price-to-earnings ratio of 9.18, reflecting a solid financial standing.

NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) traded up 0.3% during trading on Tuesday . The stock traded as high as $7.20 and last traded at $6.98. 7,700 shares traded hands during trading, a decline of 32% from the average session volume of 11,277 shares. The stock had previously closed at $6.96.

NatWest Group Stock Up 0.3%

The firm has a market cap of $56.44 billion, a price-to-earnings ratio of 9.18 and a beta of 0.94. 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 firm has a 50 day moving average price of $7.10 and a 200-day moving average price of $6.67.

NatWest Group (OTCMKTS:RBSPF - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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.

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