NatWest Group (OTCMKTS:RBSPF) Shares Gap Down – What’s Next?
by Amy Steele · The Cerbat GemNatWest Group PLC (OTCMKTS:RBSPF – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $8.1050, but opened at $7.69. NatWest Group shares last traded at $7.9250, with a volume of 4,145 shares.
NatWest Group Price Performance
The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock’s 50-day simple moving average is $7.76 and its two-hundred day simple moving average is $8.17. The company has a market capitalization of $62.60 billion, a price-to-earnings ratio of 8.40 and a beta of 1.02.
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.