Royal Mail plc (LON:RMG – Get Free Report) shares shot up 5.4% during trading on Wednesday . The stock traded as high as GBX 207 ($2.61) and last traded at GBX 207 ($2.61). 4,361,451 shares were traded during trading, an increase of 8% from the average session volume of 4,040,230 shares. The stock had previously closed at GBX 196.40 ($2.48).
Royal Mail Price Performance
The firm has a 50 day simple moving average of GBX 207 and a two-hundred day simple moving average of GBX 207. The stock has a market capitalization of £1.98 billion and a P/E ratio of 339.34. The company has a quick ratio of 1.02, a current ratio of 1.10 and a debt-to-equity ratio of 41.49.
About Royal Mail
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.
Recommended Stories
- Five stocks we like better than Royal Mail
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success
- How to Find Undervalued Stocks
- Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- SoundHound AI: Can Its Meteoric Rise Sustain Into 2025?
Receive News & Ratings for Royal Mail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Mail and related companies with MarketBeat.com's FREE daily email newsletter.
