NatWest Group (OTCMKTS:RBSPF) Shares Gap Up – Here’s Why

NatWest Group PLC (OTCMKTS:RBSPFGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $7.20, but opened at $7.49. NatWest Group shares last traded at $7.49, with a volume of 122 shares trading hands.

NatWest Group Trading Up 2.2%

The firm has a market capitalization of $59.52 billion, a P/E ratio of 9.68 and a beta of 0.92. The business has a 50-day moving average price of $7.14 and a 200-day moving average price of $6.74. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14.

NatWest Group (OTCMKTS:RBSPFGet Free Report) last released its quarterly earnings data on Friday, July 25th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. NatWest Group had a return on equity of 11.99% and a net margin of 16.84%.The company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $4.06 billion.

NatWest Group Company Profile

(Get Free Report)

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.

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