NatWest Group (OTCMKTS:RBSPF) Reaches New 12-Month High – Should You Buy?

NatWest Group PLC (OTCMKTS:RBSPF)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $9.16 and last traded at $9.16, with a volume of 319 shares. The stock had previously closed at $8.54.

NatWest Group Stock Up 2.3%

The firm has a market cap of $70.05 billion, a PE ratio of 10.40 and a beta of 0.91. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of $7.87 and a two-hundred day moving average price of $7.31.

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

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.