Royal Mail (LON:RMG) Stock Price Crosses Below 200 Day Moving Average of $213.23

Shares of Royal Mail plc (LON:RMGGet Rating) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 213.23 ($2.65) and traded as low as GBX 196.90 ($2.45). Royal Mail shares last traded at GBX 207 ($2.57), with a volume of 4,361,451 shares trading hands.

Royal Mail Stock Performance

The company has a fifty day moving average price of GBX 207 and a two-hundred day moving average price of GBX 213.23. The company has a debt-to-equity ratio of 41.49, a current ratio of 1.10 and a quick ratio of 1.02. The company has a market capitalization of £1.98 billion and a P/E ratio of 339.34.

About Royal Mail

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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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