NatWest Group (OTCMKTS:RBSPF) Sees Strong Trading Volume – Here’s What Happened

NatWest Group PLC (OTCMKTS:RBSPF) shares saw unusually-strong trading volume on Friday . Approximately 10,031 shares traded hands during trading, a decline of 44% from the previous session’s volume of 17,774 shares.The stock last traded at $8.6250 and had previously closed at $8.75.

NatWest Group Trading Up 3.1%

The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.14. The company has a market cap of $71.09 billion, a P/E ratio of 10.56 and a beta of 0.91. The business has a 50-day moving average price of $7.97 and a two-hundred day moving average price of $7.35.

NatWest Group (OTCMKTS:RBSPF) last announced its quarterly earnings data on Friday, October 24th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). NatWest Group had a return on equity of 12.77% and a net margin of 18.18%.The firm had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.63 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.