Royal Bank Scotland plc (The)s in-depth stock price analysis indicates that the stock price has rallied 14.29% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 11.41% . Looking at the past 52 week period, the stock price is down -17.24% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Royal Bank Scotland plc (The) has a negative value of -13.32 compared to overall market performance. Royal Bank Scotland plc (The) (NYSE:RBS) has tumbled 0.86% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 6.47% in the last four weeks. The stocks have underperformed the S&P 500 by 1.66% during the past week but Royal Bank Scotland plc (The) (NYSE:RBS) it has outperformed the index in 4 weeks by 4.56%.
Royal Bank Scotland plc (The) (NYSE:RBS) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.13 points or 2.21% at $5.76 with 1,239,204 shares getting traded. Post opening the session at $5.79, the shares hit an intraday low of $5.74 and an intraday high of $5.799 and the price was in this range throughout the day. The company has a market cap of $33,843 million and the number of outstanding shares has been calculated to be 5,875,500,000 shares. The 52-week high of Royal Bank Scotland plc (The) (NYSE:RBS) is $7.6 and the 52-week low is $3.91.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Royal Bank of Scotland Group PLC was Downgraded by Goldman to Neutral on Jan 17, 2017. Royal Bank of Scotland Group PLC was Initiated by Credit Suisse to Underperform on Nov 29, 2016.
The Royal Bank of Scotland Group plc is the holding company of one of the worlds largest banking and financial services groups, with a market capitalisation of #62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest. Both the Royal Bank and NatWest are major UK clearing banks whose origins go back over 275 years. In the US, the Groups subsidiary Citizens is ranked the eighth largest commercial banking organisation by deposits. The Group has a large and diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers.