The Week Ahead: Are Investors Really Too Optimistic About NatWest Group Plc ADR (NYSE: NWG)

NatWest Group Plc ADR (NYSE:NWG) currently has a daily average trading volume of 2.52M but it saw 14829150 shares traded in last market. With a market cap of 48.44B USD, the company’s current market price of $12.04 came rising about 2.03 while comparing to the previous closing price of $11.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.88 and as low as $5.92.

Taking a look at 20-day trading activity of NatWest Group Plc ADR (NWG) gives us an average price of $11.17, while its current price level is 1.35% below from 52-week high level whereas it is 103.38% 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 $10.57 while that of 200 days or SMA-200 reads an average of $9.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.19% during that period while stretching the period over a month that decreases to 1.69%. 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 68.87 which implies that the stock is in neutral territory.

Over the week, NWG’s stock price is moving 7.60% up while it is 12.84% when we observe its performance for the past one month. Year-to-date it is 18.39% up and over the past year, the stock is showing an upside performance of 99.34%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $3.93B as analysts are expecting the sales for current fiscal year at $15.54B and seeing the company making $16.38B in sales next year. Moreover, analysts are in estimates of $3.8B for current-quarter revenue.

Currently, NatWest Group Plc ADR’s total number of outstanding shares is 4.02B with 0.07% of that held by the insiders while 3.21% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.93% and return on equity (ROE) at 13.58%. It has a price to earnings ratio (P/E ratio) of 8.85 while having a 7.70 of forward P/E ratio. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 1.13 while price to sale or P/S ratio amounts to 1.29. Its return on asset (ROA) is 0.65% on average.