Royal Mail (LON:RMG) Share Price Crosses Above 50-Day Moving Average of $207.00

Shares of Royal Mail plc (LON:RMGGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 207 ($2.60) and traded as high as GBX 207 ($2.60). Royal Mail shares last traded at GBX 207 ($2.60), with a volume of 4,361,451 shares traded.

Royal Mail Stock Performance

The company’s 50 day simple moving average is GBX 207 and its 200 day simple moving average is GBX 207. The company has a debt-to-equity ratio of 41.49, a quick ratio of 1.02 and a current ratio of 1.10. The stock has a market cap of £1.98 billion and a PE ratio of 339.34.

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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