Shares of Royal Bank Scotland plc (The) (RBS) Rally 11.82%

Royal Bank Scotland plc (The) (RBS) has been under a strong bear grip, hence the stock is down -27.25% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 10.17% in the past 1 week. The stock has risen by 11.82% in the past week indicating that the buyers are active at lower levels, but the stock is down -24.07% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 7.85% and the 50-Day Moving Average is 19.11%.

Royal Bank Scotland plc (The) (NYSE:RBS): The stock was completely flat for the day, closing at $4.92 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $4.98, the stock touched an intraday high of $4.99 and a low of $4.87. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $4.92. The total trading volume on Friday was 2,452,728.


Institutional Investors own 0.26% of Royal Bank Scotland plc (The) shares.

The Royal Bank of Scotland Group plc (RBS) provides financial products and services to personal, commercial, corporate and institutional customers. The Company conducts its business through three franchises and seven operating segments. The Companys Personal & Business Banking (PBB) franchise consists of two segments: UK Personal & Business Banking (UK PBB), including Williams & Glyn, and Ulster Bank. The Commercial & Private Banking (CPB) franchise consists of two segments, Commercial Banking and Private Banking. The Companys other segments are Corporate & Institutional Banking (CIB), Central Functions and RBS Capital Resolution (RCR). RBS operates in the United Kingdom, the United States and internationally through its principal subsidiaries, The Royal Bank of Scotland plc (the Royal Bank) and National Westminster Bank Plc (NatWest). Both the Royal Bank and NatWest are clearing banks in the United Kingdom.

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