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

NatWest Group PLC (OTCMKTS:RBSPFGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $8.2850, but opened at $7.93. NatWest Group shares last traded at $8.48, with a volume of 1,897 shares.

NatWest Group Price Performance

The company has a market capitalization of $67.29 billion, a PE ratio of 9.03 and a beta of 1.00. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $7.96 and a 200-day simple moving average of $8.19.

About NatWest Group

(Get Free Report)

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.

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