Royal Mail (OTCMKTS:ROYMY) Shares Gap Down – Here’s Why

Royal Mail Plc (OTCMKTS:ROYMYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $9.00, but opened at $7.60. Royal Mail shares last traded at $7.60, with a volume of 979 shares traded.

Royal Mail Stock Performance

The firm’s fifty day moving average price is $8.52 and its two-hundred day moving average price is $8.67.

Royal Mail 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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