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

NatWest Group PLC (OTCMKTS:RBSPF) gapped down before the market opened on Monday. The stock had previously closed at $8.5350, but opened at $7.96. NatWest Group shares last traded at $7.98, with a volume of 382 shares changing hands.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, the company presently has an average rating of “Buy”.

NatWest Group Stock Up 3.3%

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.03. The firm has a market capitalization of $63.92 billion, a PE ratio of 7.97 and a beta of 0.95. The company has a fifty day simple moving average of $8.94 and a two-hundred day simple moving average of $8.52.

NatWest Group (OTCMKTS:RBSPF) last issued its earnings results on Friday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. The company had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.17 billion. NatWest Group had a return on equity of 13.79% and a net margin of 19.61%.

About NatWest Group

NatWest Group plc is a United Kingdom-based banking and financial services group formerly known as The Royal Bank of Scotland Group. The group serves individuals, families, businesses and institutions through brands including NatWest, Royal Bank of Scotland and Ulster Bank in Northern Ireland.

Its personal banking activities include current and savings accounts, mortgages, credit cards, personal loans, insurance and digital banking services. NatWest also provides private banking and wealth management services, while its business and commercial banking operations offer lending, payments, cash management, trade finance and other financial services to small businesses, mid-sized companies, large corporations and institutional clients.

NatWest Group primarily serves customers in the United Kingdom, with operations and services focused on the country’s retail, commercial and institutional banking markets.