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Royal Mail PLC (LON:RMG) insider Stuart Simpson purchased 49 shares of Royal Mail stock in a transaction that occurred on Monday, June 17th. The shares were acquired at an average price of GBX 205 ($2.68) per share, for a total transaction of £100.45 ($131.26).
Stuart Simpson also recently made the following trade(s):
- On Wednesday, May 15th, Stuart Simpson purchased 43 shares of Royal Mail stock. The shares were acquired at an average price of GBX 235 ($3.07) per share, for a total transaction of £101.05 ($132.04).
RMG stock traded up GBX 4.80 ($0.06) during trading on Friday, reaching GBX 218 ($2.85). The company’s stock had a trading volume of 5,111,400 shares, compared to its average volume of 5,850,000. Royal Mail PLC has a 1 year low of GBX 192 ($2.51) and a 1 year high of GBX 499.10 ($6.52). The company has a quick ratio of 0.73, a current ratio of 0.82 and a debt-to-equity ratio of 12.04. The firm has a market cap of $2.18 billion and a P/E ratio of 12.46. The company has a fifty day moving average price of GBX 205.90.
The company also recently disclosed a dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Thursday, July 25th will be given a dividend of GBX 17 ($0.22) per share. This is a positive change from Royal Mail’s previous dividend of $8.00. The ex-dividend date is Thursday, July 25th. This represents a dividend yield of 7.43%. Royal Mail’s dividend payout ratio (DPR) is presently 1.43%.
A number of research analysts recently issued reports on the company. Barclays restated a “hold” rating and set a $102.00 price target on shares of Cboe Global Markets in a report on Friday. Credit Suisse Group set a €80.00 ($93.02) price objective on Siltronic and gave the company a “neutral” rating in a research report on Wednesday, May 29th. Goldman Sachs Group cut SUMCO CORP/ADR from a “buy” rating to a “neutral” rating in a research report on Monday, June 10th. Liberum Capital reaffirmed a “hold” rating on shares of Daily Mail and General Trust P L C in a research report on Tuesday, July 2nd. Finally, HSBC reissued a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 250.46 ($3.27).
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.
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