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

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued 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 raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold”.

Shares of ROYMY traded up $0.09 during midday trading on Friday, reaching $5.53. 5,136 shares of the stock were exchanged, compared to its average volume of 7,064. ROYAL MAIL PLC/ADR has a 12-month low of $4.49 and a 12-month high of $9.67. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 6.83 and a beta of 1.26. The firm has a 50 day simple moving average of $5.38 and a 200-day simple moving average of $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.

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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