ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) from a sell rating to a hold rating in a research report released on Friday morning, 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 raised shares of ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a research note on Wednesday, October 2nd. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of Hold.

Shares of ROYAL MAIL PLC/ADR stock traded down $0.06 during trading hours on Friday, reaching $5.61. The stock had a trading volume of 497 shares, compared to its average volume of 27,690. ROYAL MAIL PLC/ADR has a twelve month low of $4.49 and a twelve month high of $9.34. The firm has a market capitalization of $2.80 billion, a PE ratio of 6.92 and a beta of 1.27. The company has a current ratio of 0.80, a quick ratio of 0.78 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average is $5.37 and its 200 day moving average is $5.41.

ROYAL MAIL PLC/ADR Company Profile

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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