NatWest Group (OTCMKTS:RBSPF) Shares Gap Down – Time to Sell?

NatWest Group PLC (OTCMKTS:RBSPF) gapped down before the market opened on Thursday . The stock had previously closed at $8.85, but opened at $8.55. NatWest Group shares last traded at $8.7950, with a volume of 1,728 shares.

NatWest Group Stock Up 0.3%

The stock has a market capitalization of $71.17 billion, a price-to-earnings ratio of 10.57 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. The business has a fifty day moving average of $8.38 and a 200 day moving average of $7.60.

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

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.