ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Downgraded to “Sell” at Zacks Investment Research

Zacks Investment Research downgraded shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) from a hold rating to a sell rating in a report released on Saturday, Zacks.com reports.

According to Zacks, “Royal Mail plc is a provider of postal and delivery services. Its operating segment consists of UK Parcels, International and Letters, General Logistics Systems and Other. UKPIL segment collects and delivers parcels and letters predominantly. It provides collection and delivery services under the Royal Mail and Parcelforce Worldwide brands. GLS comprises European parcel business and is focused on the deferred parcels segment. Royal Mail plc is headquartered in London, the United Kingdom. “

Separately, ValuEngine upgraded ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold.

OTCMKTS:ROYMY opened at $5.53 on Friday. The firm has a market capitalization of $2.72 billion, a PE ratio of 6.83 and a beta of 1.27. The stock’s 50-day simple moving average is $5.38 and its 200 day simple moving average is $5.45. The company has a quick ratio of 0.78, a current ratio of 0.80 and a debt-to-equity ratio of 0.11. ROYAL MAIL PLC/ADR has a twelve month low of $4.49 and a twelve month high of $9.67.

About ROYAL MAIL PLC/ADR

Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.

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