NatWest Group (OTCMKTS:RBSPF) Shares Gap Up – What’s Next?

NatWest Group PLC (OTCMKTS:RBSPF)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $8.0649, but opened at $8.25. NatWest Group shares last traded at $7.5250, with a volume of 4,820 shares changing hands.

NatWest Group Stock Down 0.2%

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 firm has a market capitalization of $64.20 billion, a price-to-earnings ratio of 9.10 and a beta of 0.94. The stock has a 50 day moving average of $8.66 and a 200 day moving average of $7.97.

NatWest Group (OTCMKTS:RBSPF) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.03. The firm had revenue of $5.83 billion for the quarter, compared to analysts’ expectations of $5.72 billion. NatWest Group had a return on equity of 13.05% and a net margin of 18.59%.

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.