Shares of Royal Mail plc (LON:RMG – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 207 ($2.58) and traded as low as GBX 196.90 ($2.45). Royal Mail shares last traded at GBX 207 ($2.58), with a volume of 4,361,451 shares.
Royal Mail Trading Up 5.4 %
The company has a current ratio of 1.10, a quick ratio of 1.02 and a debt-to-equity ratio of 41.49. The company has a market capitalization of £1.98 billion and a price-to-earnings ratio of 339.34. The company has a fifty day moving average of GBX 207 and a 200-day moving average of GBX 207.
Royal Mail Company Profile
Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters. In addition, the company operates ground-based parcel delivery networks in Europe that covers 40 countries and nation states.
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