With 4.15B Outstanding Shares, Can NatWest Group Plc ADR (NYSE: NWG) Deliver Big Short-Term Gains?

NatWest Group Plc ADR (NYSE:NWG) currently has a daily average trading volume of 2.26M but it saw 1519072 shares traded in last market. With a market cap of 40.24B USD, the company’s current market price of $10.02 came falling about -2.05 while comparing to the previous closing price of $10.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.75 and as low as $5.16. In the recent trading on the day, stock has struck highest price mark of $9.985 while lowest mark touched by it was $10.395.

Taking a look at 20-day trading activity of NatWest Group Plc ADR (NWG) gives us an average price of $10.31, while its current price level is -6.79% below from 52-week high level whereas it is 94.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.95 while that of 200 days or SMA-200 reads an average of $8.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.74% during that period while stretching the period over a month that decreases to 1.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.53 which implies that the stock is in neutral territory.

Over the week, NWG’s stock price is moving -5.02% down while it is -0.69% when we observe its performance for the past one month. Year-to-date it is 77.98% up and over the past year, the stock is showing an upside performance of 78.61%.

Currently, NatWest Group Plc ADR’s total number of outstanding shares is 4.15B. Company’s return on investment (ROI) stands at 5.53% and return on equity (ROE) at 13.49%. It has a price to earnings ratio (P/E ratio) of 7.62 while having a 7.40 of forward P/E ratio. Stock’s beta reads 1.27. Stock has a price to book (P/B) ratio of 0.92 while price to sale or P/S ratio amounts to 1.10. Its return on asset (ROA) is 0.62% on average.