NatWest Group Plc ADR (NYSE:NWG) traded with a subtraction of -$0.04 to close at $5.81on Friday, a downside of -0.61 percent. An average of 1,268,035 shares of common stock have been traded in the last five days. There was a fall of -$0.11 in the past week, and it reached a new high 35 times over the past 12 months. The last 20 days have seen an average of 1,077,334 shares traded, while the 50-day average volume stands at 1,240,539.
NWG stock has decreased by -3.58% in the last month. The company shares reached their 1-month lowest point of $5.61 on 09/08/23. With the stock rallying to its 52-week high on 02/01/23, shares of the company touched a low of $4.70 and a high of $7.80 in 52 weeks. It has reached a new high 14 times so far this year and lost -10.00% or -$0.64 in price. In spite of this, the price is down -25.41% from the 52-week high.
Valuation Metrics
NatWest Group Plc ADR (NWG) has a trailing price-to-earnings (P/E) ratio of 6.14, which compares with the N/A for the broader industry. The stock’s beta is 1.21. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.01, the price-to-book (PB) ratio at 0.66.
The company has a payout ratio of 88.86%. The company’s most recent quarterly dividend payment was $0.1415 a share, representing a down of -41.02% from $0.2399 last year. Its latest decrease dividend $0.0984 reported on Friday July 28 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 0.95 and a total debt to equity ratio of 1.43 for the recent quarter. Its gross profit as reported stood at $12.17 billion compared to revenue of $15.63 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at NatWest Group Plc ADR (NWG) price momentum. RSI 9-day as of the close on 28 September was 43.15%, suggesting the stock is Neutral, with historical volatility in this time frame at 14.95%.
As of today, NWG’s price is $5.85 -1.78% or -$0.11 from its 5-day moving average. NWG is currently trading -1.12% lower than its 20-day SMA and -12.28% lower than its 100-day SMA. However, the stock’s current price level is -12.55% below the SMA50 and -9.84% below the SMA200.
The stochastic %K and %D were 33.42% and 41.80%, respectively, and the average true range (ATR) was 0.11. With the 14-day stochastic at 20.36% and the average true range at 0.11, the RSI (14) stands at 45.07%. The stock has reached -0.05 on the 9-day MACD Oscillator while the 14-day reading was at -0.05.
Analyst Ratings
HSBC Securities downgraded NatWest Group Plc ADR (NYSE: NWG) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for NatWest Group Plc ADR (NWG) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell NWG, while 6 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 11 others rate it as a “buy”.
What is NWG’s price target for the next 12 months?
Analysts predict a range of price targets between $6.34 and $9.78, with a median target of $8.24. Taking a look at these predictions, the average price target given by analysts for NatWest Group Plc ADR (NWG) stock is $8.12.
