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NatWest Group (OTCMKTS:RBSPF) Trading 1.7% Higher - Time to Buy?

NatWest Group logo with Finance background

Key Points

  • NatWest Group's share price increased by 1.7%, trading at $7.41, though the trading volume decreased significantly by 71% compared to the average.
  • The company reported earnings per share of $0.20, surpassing expectations of $0.18, with a quarterly revenue of $5.50 billion exceeding analyst estimates of $4.06 billion.
  • NatWest Group has a market capitalization of $59.92 billion and maintains strong financial metrics including a net margin of 16.84% and a return on equity of 11.99%.
  • MarketBeat previews the top five stocks to own by November 1st.

NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report)'s share price traded up 1.7% during mid-day trading on Tuesday . The stock traded as high as $7.41 and last traded at $7.41. 5,389 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 18,405 shares. The stock had previously closed at $7.28.

NatWest Group Price Performance

The stock has a market cap of $59.92 billion, a P/E ratio of 9.74 and a beta of 0.92. 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 company's fifty day simple moving average is $7.18 and its 200-day simple moving average is $6.80.

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

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.

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