NatWest Group (OTCMKTS:RBSPF) Shares Gap Down – Should You Sell?

NatWest Group PLC (OTCMKTS:RBSPF) gapped down prior to trading on Wednesday. The stock had previously closed at $8.0450, but opened at $7.75. NatWest Group shares last traded at $7.74, with a volume of 752 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods upgraded 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 has an average rating of “Buy”.

NatWest Group Trading Up 0.4%

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market cap of $64.20 billion, a PE ratio of 8.01 and a beta of 1.00. The company’s 50 day moving average price is $8.76 and its 200 day moving average price is $8.49.

NatWest Group (OTCMKTS:RBSPF) last issued its quarterly earnings results on Friday, October 30th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. The company had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.17 billion. NatWest Group had a net margin of 19.61% and a return on equity of 13.75%.

NatWest Group Company Profile

NatWest Group plc is a UK-based banking and financial services group serving individuals, businesses and institutions. Its activities include personal and business banking, commercial and corporate banking, private banking and wealth management, with services such as current and savings accounts, mortgages, lending, payments and cash management. The group operates through well-known brands including NatWest, Royal Bank of Scotland, Ulster Bank in Northern Ireland and Coutts. Its main market is the United Kingdom, where it provides financial services through digital channels and a network of branches and relationship teams.