Home / Royal Mail / Royal Mail (LON:RMG) Shares Cross Below Two Hundred Day Moving Average of $209.44

Royal Mail (LON:RMG) Shares Cross Below Two Hundred Day Moving Average of $209.44


Shares of Royal Mail plc (LON:RMG – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 209.44 ($2.59) and traded as low as GBX 196.90 ($2.44). Royal Mail shares last traded at GBX 207 ($2.56), with a volume of 4,361,451 shares.

Royal Mail Price Performance

The stock has a fifty day moving average of GBX 207 and a two-hundred day moving average of GBX 209.44. The stock has a market cap of £1.98 billion and a price-to-earnings ratio of 339.34. The company has a quick ratio of 1.02, a current ratio of 1.10 and a debt-to-equity ratio of 41.49.

Royal Mail Company Profile

(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.

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