NatWest Group PLC (OTCMKTS:RBSPF – Get Free Report) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 516,939 shares, a decline of 24.0% from the March 15th total of 680,582 shares. Based on an average trading volume of 27,642 shares, the short-interest ratio is currently 18.7 days. Approximately 0.0% of the company’s stock are short sold.
NatWest Group Price Performance
Shares of RBSPF opened at $8.49 on Wednesday. NatWest Group has a fifty-two week low of $5.66 and a fifty-two week high of $9.72. The firm’s 50-day simple moving average is $7.98 and its two-hundred day simple moving average is $8.07. The stock has a market cap of $68.05 billion, a PE ratio of 9.65 and a beta of 1.03. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.03 and a current ratio of 1.03.
NatWest Group (OTCMKTS:RBSPF – Get Free Report) last issued its quarterly earnings results on Friday, February 13th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The firm had revenue of $5.83 billion for the quarter, compared to analysts’ expectations of $5.72 billion. NatWest Group had a return on equity of 13.05% and a net margin of 18.59%.
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.
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