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ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)’s stock price traded down 0.6% on Monday . The company traded as low as $5.28 and last traded at $5.30, 10,705 shares changed hands during mid-day trading. A decline of 62% from the average session volume of 28,009 shares. The stock had previously closed at $5.33.
A number of analysts recently weighed in on the stock. Sanford C. Bernstein raised shares of ROYAL MAIL PLC/ADR from a “market perform” rating to an “outperform” rating in a research note on Monday, June 17th. Societe Generale raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, June 13th. HSBC lowered shares of ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a research note on Friday, June 7th. JPMorgan Chase & Co. raised shares of ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research note on Monday, June 3rd. Finally, Goldman Sachs Group raised shares of ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 23rd. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold”.
The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 4.44 and a beta of 1.26. The business has a fifty day moving average price of $5.25.
About ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)
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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