NatWest Group (OTCMKTS:RBSPF) Hits New 1-Year High – What’s Next?

Shares of NatWest Group PLC (OTCMKTS:RBSPFGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $9.71 and last traded at $9.22, with a volume of 1131 shares trading hands. The stock had previously closed at $8.9950.

NatWest Group Trading Up 1.0%

The business has a 50 day moving average of $8.50 and a 200 day moving average of $7.68. The firm has a market capitalization of $73.62 billion, a price-to-earnings ratio of 10.93 and a beta of 0.90. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 1.04.

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.

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