NatWest Group PLC (OTCMKTS:RBSPF – Get Free Report) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 680,582 shares, an increase of 26.1% from the February 26th total of 539,651 shares. Based on an average daily volume of 24,655 shares, the short-interest ratio is presently 27.6 days. Currently, 0.0% of the company’s stock are sold short.
NatWest Group Stock Performance
Shares of RBSPF stock opened at $7.11 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $8.24 and a two-hundred day simple moving average of $8.00. NatWest Group has a 12 month low of $4.89 and a 12 month high of $9.72. The firm has a market capitalization of $56.95 billion, a PE ratio of 8.07 and a beta of 0.95.
NatWest Group (OTCMKTS:RBSPF – Get Free Report) last released its quarterly earnings data on Friday, February 13th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The firm had revenue of $5.83 billion for the quarter, compared to analyst estimates of $5.72 billion. NatWest Group had a net margin of 18.59% and a return on equity of 13.05%.
About NatWest Group
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.
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