NatWest Group (OTCMKTS:RBSPF) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

NatWest Group PLC (OTCMKTS:RBSPF)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $8.52 and traded as high as $9.21. NatWest Group shares last traded at $8.5749, with a volume of 5,390 shares trading hands.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, NatWest Group currently has a consensus rating of “Buy”.

NatWest Group Stock Down 9.5%

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.03 and a quick ratio of 1.04. The firm has a 50-day moving average of $8.94 and a 200 day moving average of $8.52. The stock has a market capitalization of $61.88 billion, a price-to-earnings ratio of 8.53 and a beta of 0.95.

NatWest Group (OTCMKTS:RBSPF) last posted its quarterly earnings results on Friday, October 30th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. NatWest Group had a return on equity of 14.01% and a net margin of 20.10%.

About NatWest Group

NatWest Group plc is a United Kingdom-based banking and financial services group formerly known as The Royal Bank of Scotland Group. The group serves individuals, families, businesses and institutions through brands including NatWest, Royal Bank of Scotland and Ulster Bank in Northern Ireland.

Its personal banking activities include current and savings accounts, mortgages, credit cards, personal loans, insurance and digital banking services. NatWest also provides private banking and wealth management services, while its business and commercial banking operations offer lending, payments, cash management, trade finance and other financial services to small businesses, mid-sized companies, large corporations and institutional clients.

NatWest Group primarily serves customers in the United Kingdom, with operations and services focused on the country’s retail, commercial and institutional banking markets.