NatWest Group (OTCMKTS:RBSPF) Shares Down 7.5% – Time to Sell?

NatWest Group PLC (OTCMKTS:RBSPF)’s share price traded down 7.5% during mid-day trading on Tuesday . The stock traded as low as $8.02 and last traded at $8.02. 12,371 shares were traded during trading, a decline of 46% from the average session volume of 22,759 shares. The stock had previously closed at $8.67.

NatWest Group Stock Performance

The firm’s fifty day simple moving average is $8.27 and its 200 day simple moving average is $7.51. The company has a market capitalization of $66.24 billion, a PE ratio of 9.84 and a beta of 0.90. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 1.04.

NatWest Group (OTCMKTS:RBSPF) last issued its quarterly earnings data on Friday, October 24th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). NatWest Group had a net margin of 18.18% and a return on equity of 12.77%. The company 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.