Royal Mail (OTCMKTS:ROYMY) Shares Gap Down – Here’s What Happened

Royal Mail Plc (OTCMKTS:ROYMYGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $8.50, but opened at $8.06. Royal Mail shares last traded at $8.06, with a volume of 1,150 shares trading hands.

Royal Mail Trading Down 7.9%

The company has a 50 day moving average of $8.30 and a 200-day moving average of $8.39.

About Royal Mail

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Royal Mail Group Limited (OTCMKTS: ROYMY) is the primary postal and parcel delivery operator in the United Kingdom, providing universal letter delivery alongside parcel services to residential and business customers. The company operates under a universal service obligation, ensuring next-day delivery of letters and standard parcels to every UK address. Its network of processing centres and delivery offices supports a broad portfolio of domestic and international shipping solutions, from standard mail to express and tracked parcel services.

In addition to its core letter business, Royal Mail offers a range of logistics and courier services through its Parcelforce Worldwide subsidiary.

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