NatWest Group (OTCMKTS:RBSPF) Trading Up 7.4% – Should You Buy?

Shares of NatWest Group PLC (OTCMKTS:RBSPF) were up 7.4% during mid-day trading on Monday . The company traded as high as $9.18 and last traded at $9.18. 582 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 18,557 shares. The stock had previously closed at $8.55.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, NatWest Group has an average rating of “Buy”.

NatWest Group Stock Up 3.6%

The stock has a market cap of $73.06 billion, a P/E ratio of 9.80 and a beta of 0.98. 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’s 50-day moving average is $8.42 and its 200-day moving average is $8.25.

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.