NatWest Group Plc ADR (NYSE: NWG) 52-Week High Located At $10.31, Forget The Dips, Just Ride The Rips

NatWest Group Plc ADR (NYSE:NWG) does about 2.40M shares in volume on a normal day but saw 1994807 shares change hands in the recent trading day. The company now has a market cap of 41.80B USD. Its current market price is $10.08, marking an increase of 1.20% compared to the previous close of $9.96. The 52 week high reached by this stock is $10.31 whilst the lowest price level in 52 weeks is $4.98.

NatWest Group Plc ADR (NWG) has a 20-day trading average at $9.81 and the current price is -2.28% off the 52-week high compared with 102.41% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.42 and its 200-day simple moving average is $8.12. If we look at the stock’s price movements over the week, volatility stands at 1.18%, which increases to 1.64% 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 59.72 to suggest the stock is neutral.

The consensus objective for the share price is $11.19, suggesting that the stock has a potential upside of 9.92% over the period.

FactSet Research has provided data showing that 5 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 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 Strong Buy the stock.

The current price level is 2.74%, 7.02%, and 24.19% away from its SMA20, SMA50, and SMA200 respectively, with the NWG price moving above the 50-day SMA on current market day. NatWest Group Plc ADR (NWG) stock is up 1.00% over the week and 5.66% over the past month. Its price is 79.04% year-to-date and 96.88% over the past year.

Expected sales for next quarter are $3.68B, which analysts say will come at $14.44B for the current fiscal year and next year at $15.15B. In addition, estimates put the company’s current quarterly revenue at an average of $3.66B.

To reach the target analysts have set, the stock logically needs to grow 9.92 percent from here.

The company has a return on investment of 5.53% and return on equity of 13.49%. The price to earnings ratio (P/E ratio) amounts to 7.66 while the forward price to earnings ratio is 7.57. The beta has a value of 1.27. Price to book ratio is 0.92 and price to sales ratio is 1.14.