NatWest Group (OTCMKTS:RBSPF) Sees Large Volume Increase – Still a Buy?

NatWest Group PLC (OTCMKTS:RBSPF) saw an uptick in trading volume on Friday . 10,031 shares traded hands during trading, a decline of 44% from the previous session’s volume of 17,774 shares.The stock last traded at $8.6250 and had previously closed at $8.75.

NatWest Group Price Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $71.09 billion, a P/E ratio of 10.56 and a beta of 0.91. The business has a 50 day simple moving average of $8.01 and a two-hundred day simple moving average of $7.37.

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

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.