NatWest Group Plc ADR (NYSE: NWG) 52-Week High Located At $9.55, Forget The Dips, Just Ride The Rips

NatWest Group Plc ADR (NYSE:NWG) does about 2.39M shares in volume on a normal day but saw 2710340 shares change hands in the recent trading day. The company now has a market cap of 39.97B USD. Its current market price is $9.64, marking an increase of 1.15% compared to the previous close of $9.53. The 52 week high reached by this stock is $9.55 whilst the lowest price level in 52 weeks is $4.30.

NatWest Group Plc ADR (NWG) has a 20-day trading average at $8.67 and the current price is 0.94% off the 52-week high compared with 124.45% distance from its 52-week low. The 50-day simple moving average of the closing price is $8.35 and its 200-day simple moving average is $6.60. If we look at the stock’s price movements over the week, volatility stands at 1.59%, which decreases to 1.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 78.31 to suggest the stock is overbought.

The consensus objective for the share price is $9.17, suggesting that the stock has a potential downside of -5.13% over the period.

3 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

NatWest Group Plc ADR (NWG) stock is up 8.68% over the week and 18.87% over the past month. Its price is 71.23% year-to-date and 55.74% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -5.13 percent from here.

The company has a return on investment of 5.98% and return on equity of 13.04%. The price to earnings ratio (P/E ratio) amounts to 8.04 while the forward price to earnings ratio is 8.22. The beta has a value of 1.30. Price to book ratio is 0.96 and price to sales ratio is 1.14.