NatWest Group (OTCMKTS:RBSPF) Shares Gap Up – Here’s What Happened

NatWest Group PLC (OTCMKTS:RBSPF)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $8.2650, but opened at $8.78. NatWest Group shares last traded at $8.5399, with a volume of 4,861 shares.

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 company has a market cap of $68.45 billion, a price-to-earnings ratio of 10.17 and a beta of 0.90. The stock’s 50-day simple moving average is $8.29 and its 200 day simple moving average is $7.53.

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

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.