NatWest Group (OTCMKTS:RBSPF) Trading Up 6.1% – Time to Buy?
by Amy Steele · The Cerbat GemNatWest Group PLC (OTCMKTS:RBSPF – Get Free Report)’s stock price shot up 6.1% during trading on Friday . The stock traded as high as $8.47 and last traded at $8.47. 155 shares were traded during mid-day trading, a decline of 99% from the average session volume of 21,294 shares. The stock had previously closed at $7.98.
NatWest Group Stock Performance
The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $63.88 billion, a P/E ratio of 8.57 and a beta of 1.00. The stock’s fifty day moving average price is $7.84 and its two-hundred day moving average price is $8.17.
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.