Royal Mail plc (LON:RMG – Get Free Report)’s share price rose 5.4% during trading on Wednesday . The stock traded as high as GBX 207 ($2.61) and last traded at GBX 207 ($2.61). Approximately 4,361,451 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 4,040,230 shares. The stock had previously closed at GBX 196.40 ($2.48).
Royal Mail Price Performance
The stock has a market capitalization of £1.98 billion and a price-to-earnings 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. The stock has a 50 day moving average price of GBX 207 and a 200 day moving average price of GBX 207.
Royal Mail Company Profile
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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