NatWest Group (OTCMKTS:RBSPF) Shares Gap Down – Here’s Why

NatWest Group PLC (OTCMKTS:RBSPFGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $7.70, but opened at $7.41. NatWest Group shares last traded at $7.63, with a volume of 10,814 shares changing hands.

NatWest Group Stock Performance

The stock’s 50-day simple moving average is $7.38 and its 200-day simple moving average is $7.10. The stock has a market cap of $61.74 billion, a price-to-earnings ratio of 9.08 and a beta of 0.93. The company has a current ratio of 1.04, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14.

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

About NatWest Group

(Get Free Report)

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.

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