NatWest Group (OTCMKTS:RBSPF) Stock Price Up 4.9% – What’s Next?

NatWest Group PLC (OTCMKTS:RBSPF)’s stock price traded up 4.9% during mid-day trading on Monday . The company traded as high as $9.3950 and last traded at $9.3950. Approximately 338 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 24,584 shares. The stock had previously closed at $8.96.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upgraded NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, NatWest Group has a consensus rating of “Buy”.

NatWest Group Price Performance

The company has a market cap of $74.62 billion, a P/E ratio of 9.31 and a beta of 0.96. The company’s 50-day moving average price is $9.00 and its two-hundred day moving average price is $8.33. The company has a current ratio of 1.03, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15.

NatWest Group (OTCMKTS:RBSPF) last released its quarterly earnings data on Friday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. NatWest Group had a return on equity of 14.01% and a net margin of 20.10%.The business had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.83 billion.

NatWest Group Company Profile

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.