NatWest Group PLC (OTCMKTS:RBSPF – Get Free Report) was the recipient of a significant 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 currently 27.6 days. Approximately 0.0% of the company’s stock are short sold.
NatWest Group Stock Performance
Shares of RBSPF stock opened at $7.05 on Monday. The firm has a market cap of $56.47 billion, a price-to-earnings ratio of 8.01 and a beta of 0.95. NatWest Group has a 52-week low of $4.89 and a 52-week high of $9.72. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.14. The company’s 50 day moving average is $8.27 and its 200 day moving average is $8.00.
NatWest Group (OTCMKTS:RBSPF – Get Free Report) last posted its earnings results on Friday, February 13th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. NatWest Group had a return on equity of 13.05% and a net margin of 18.59%.The company had revenue of $5.83 billion during the quarter, compared to analyst estimates of $5.72 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.
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