NatWest Group Plc ADR (NYSE:NWG) shares, rose in value on Thursday, February 13, with the stock price down by -2.12% to the previous day’s close as strong demand from buyers drove the stock to $11.10.
Actively observing the price movement in the last trading, the stock closed the session at $11.34. The PE ratio was 8.44 over 12-month period. Referring to stock’s 52-week performance, its high was $11.37, and the low was $5.16. On the whole, NWG has fluctuated by 15.87% over the past month.
With the market capitalization of NatWest Group Plc ADR currently standing at about $44.66 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.45, with its dividend yield at 4.06%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 14.51B, with a low estimate of 3.72B and a high estimate of 3.77B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.75B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NWG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.08, with the price of NWG currently trading nearly 2.78% and 6.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.32, while the 7-day volatility ratio is showing 1.37% which for the 30-day chart, stands at 1.47%. Furthermore, NatWest Group Plc ADR (NWG)’s beta value is 1.20, and its average true range (ATR) is 0.22.
A comparison of NatWest Group Plc ADR (NWG) with its peers suggests the former has fared considerably weaker in the market. NWG showed an intraday change of -2.12% in last session, and over the past year, it grew by 107.87%%.
Data on historical trading for NatWest Group Plc ADR (NYSE:NWG) indicates that the trading volumes over the past 3 months, they’ve averaged 2.30 million. According to company’s latest data on outstanding shares, there are 4.15 billion shares outstanding.
Nearly 0.06% of NatWest Group Plc ADR’s shares belong to company insiders and institutional investors own 3.15% of the company’s shares. The stock has risen by 9.14% 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.
