NatWest Group plc (NYSE:NWG) shares, rose in value on Friday, May 13, with the stock price up by 1.37% to the previous day’s close as strong demand from buyers drove the stock to $5.18.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.11, falling within a range of $5.02 and $5.16. The value of beta (5-year monthly) is 1.44 whereas the PE ratio is 8.03 over 12-month period. Referring to stock’s 52-week performance, its high was $6.99, and the low was $4.99. On the whole, NWG has fluctuated by -9.07% over the past month.
The company’s Forward Dividend Ratio is 0.28, with its dividend yield at 5.44%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that NWG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of NWG currently trading nearly -6.23% and -7.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.36, while the 7-day volatility ratio is showing 2.58% which for the 30-day chart, stands at 2.27%. Furthermore, NatWest Group plc (NWG)’s beta value is 1.25, and its average true range (ATR) is 0.16.
Data on historical trading for NatWest Group plc (NYSE:NWG) indicates that the trading volumes over the past 10 days have averaged 2.53 million and over the past 3 months, they’ve averaged 2.24 million. According to company’s latest data on outstanding shares, there are 5.61 billion shares outstanding.
Nearly 68.60% of NatWest Group plc’s shares belong to company insiders and institutional investors own 0.70% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.11 million shares as on Jan 30, 2022, resulting in a short ratio of 0.92. According to the data, the short interest in NatWest Group plc (NWG) stood at 0.02% of shares outstanding as of Jan 30, 2022; the number of short shares registered in Dec 30, 2021 reached 1.34 million. The stock has fallen by -16.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NWG stock heading into the next quarter.