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News coverage about Royal Mail (OTCMKTS:ROYMF) has been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Royal Mail earned a daily sentiment score of -2.00 on their scale. InfoTrie also gave news articles about the company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the immediate future.
A number of research analysts have weighed in on the stock. Liberum Capital lowered shares of Royal Mail from a “hold” rating to a “sell” rating in a research note on Tuesday, September 24th. Sanford C. Bernstein downgraded shares of Royal Mail from an “outperform” rating to a “market perform” rating in a research report on Friday, November 29th. Finally, JPMorgan Chase & Co. lowered shares of Royal Mail from a “neutral” rating to an “underweight” rating in a report on Tuesday, October 29th. Three research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. The company currently has an average rating of “Hold”.
Shares of OTCMKTS:ROYMF remained flat at $$2.90 during mid-day trading on Wednesday. The company had a trading volume of 10 shares, compared to its average volume of 6,250. The firm’s 50-day moving average price is $2.91 and its 200-day moving average price is $2.74. Royal Mail has a one year low of $2.46 and a one year high of $3.91.
About Royal Mail
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.
Further Reading: Risk Tolerance
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