International Distributions Services (OTCMKTS:ROYMY) Shares Cross Below 50 Day Moving Average – Here’s Why

International Distributions Services plc (OTCMKTS:ROYMYGet Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $8.98 and traded as low as $8.98. International Distributions Services shares last traded at $8.98, with a volume of 100 shares changing hands.

International Distributions Services Price Performance

The company has a 50-day moving average price of $8.98 and a 200 day moving average price of $8.88. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05.

International Distributions Services Company Profile

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International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. 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.

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