NatWest Group (OTCMKTS:RBSPF) Stock Price Down 8.1% – What’s Next?

Shares of NatWest Group PLC (OTCMKTS:RBSPFGet Free Report) dropped 8.1% on Tuesday . The stock traded as low as $8.38 and last traded at $8.38. Approximately 2,073 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 37,208 shares. The stock had previously closed at $9.1150.

NatWest Group Price Performance

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 firm’s fifty day moving average price is $8.70 and its 200 day moving average price is $7.83. The stock has a market cap of $68.29 billion, a PE ratio of 10.14 and a beta of 0.90.

NatWest Group Company Profile

(Get Free Report)

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.

Further Reading

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