Royal Mail (LON:RMG) Share Price Passes Below 200 Day Moving Average of $209.01

Royal Mail plc (LON:RMG – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 209.01 ($2.53) and traded as low as GBX 196.90 ($2.38). Royal Mail shares last traded at GBX 207 ($2.50), with a volume of 4,361,451 shares trading hands.

Royal Mail Price Performance

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 business’s 50-day simple moving average is GBX 207 and its 200 day simple moving average is GBX 209.01. The firm has a market capitalization of £1.98 billion and a P/E ratio of 339.34.

About Royal Mail

(Get Free Report)

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.

See Also

Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.