NatWest Group Plc ADR’s recently made public that its Affiliate The Commissioners of His Majes acquired Company’s shares for reported $310.09 million on Jan 11 ’25. In the deal valued at $3.85 per share,80,544,153 shares were bought.
Then, The Commissioners of His Majes bought 83,051,558 shares, generating $290,514,351 in total proceeds.
Exane BNP Paribas downgraded its NatWest Group Plc ADR [NWG] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid October from “an Underperform” to “a Buy”. Goldman began covering NWG with “Buy” recommendation on October 04, 2024. Kepler started covering the stock on September 05, 2024. It rated NWG as “a Buy”.
Price Performance Review of NWG
On Friday, NatWest Group Plc ADR [NYSE:NWG] saw its stock jump 1.69% to $13.24. Over the last five days, the stock has gained 1.85%. NatWest Group Plc ADR shares have risen nearly 30.19% since the year began. Nevertheless, the stocks have risen 66.96% over the past one year. While a 52-week high of $13.21 was reached on 05/09/25, a 52-week low of $7.80 was recorded on 01/10/25. SMA at 50 days reached $12.17, while 200 days put it at $10.41.
Levels Of Support And Resistance For NWG Stock
The 24-hour chart illustrates a support level at 13.16, which if violated will result in even more drops to 13.08. On the upside, there is a resistance level at 13.31. A further resistance level may holdings at 13.38. The Relative Strength Index (RSI) on the 14-day chart is 63.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.12%. Stochastics %K at 80.51% indicates the stock is a selling.