NatWest Group Plc ADR (NYSE:NWG) saw a downside of -0.42% to $5.89 after subtracting -$0.02 on Tuesday. The 5-day average trading volume is 1,085,209 shares of the company’s common stock. It has gained $6.11 in the past week and touched a new high 1 time within the past 5 days. An average of 1,047,542 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,233,717.
NWG’s 1-month performance is 1.99% or $0.12 on its low of $5.61 reached on 09/08/23. The company’s shares have touched a 52-week low of $4.70 and high of $7.80, with the stock’s rally to the 52-week high happening on 02/01/23. YTD, NWG has lost -8.90% or -$0.57 and has reached a new high 14 times. However, the current price is down -24.50% from the 52-week high price.
Valuation Metrics
NWG stock has a beta of 1.21. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.02 while the price-to-book (PB) in the most recent quarter is 0.67.
The firm’s gross profit as reported stood at $12.17 billion against revenue of $15.63 billion.
Let’s look briefly at NatWest Group Plc ADR (NWG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 49.23% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.14%.
The stock’s 5-day moving average is $5.94, reflecting a +0.51% or $0.03 change from its current price. NWG is currently trading -0.17% above its 20-day SMA, -7.39% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -9.38% and SMA200 by-7.39%.
Stochastic %K and %D was 59.00% and 64.56% and the average true range (ATR) pointed at 0.11. The RSI (14) points at 48.58%, while the 14-day stochastic is at 55.00% with the period’s ATR at 0.11. The stock’s 9-day MACD Oscillator is pointing at -0.02 and 0.04 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for NatWest Group Plc ADR (NYSE: NWG), HSBC Securities downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for NWG stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate NWG as a “sell,”, while 6 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 11 have offered a “buy” rating.
What is NWG’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $6.38 and a high of $9.78, with their median price target at $8.24. Looking at these predictions, the average price target given by analysts is for NatWest Group Plc ADR (NWG) stock is $8.13.
