Royal Mail plc (LON:RMG – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 207 ($2.72) and traded as high as GBX 207 ($2.72). Royal Mail shares last traded at GBX 207 ($2.72), with a volume of 4,361,451 shares trading hands.
Royal Mail Stock Performance
The firm has a fifty day moving average of GBX 207 and a 200-day moving average of GBX 207. The company has a quick ratio of 1.02, a current ratio of 1.10 and a debt-to-equity ratio of 41.49. The stock has a market capitalization of £1.98 billion and a price-to-earnings ratio of 339.34.
About Royal Mail
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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