International Distributions Services (LON:IDS) Trading 0% Higher - Here's What Happened

International Distributions Services plc (LON:IDS - Get Free Report) shares shot up 0% during mid-day trading on Wednesday . The company traded as high as GBX 359.60 ($4.86) and last traded at GBX 359.02 ($4.85). 1,050,863 shares were traded during mid-day trading, a decline of 79% from the average session volume of 5,032,667 shares. The stock had previously closed at GBX 359 ($4.85).

International Distributions Services Price Performance

The stock has a market capitalization of £3.44 billion, a P/E ratio of 63.73, a price-to-earnings-growth ratio of 0.90 and a beta of 1.53. The company has a debt-to-equity ratio of 83.55, a quick ratio of 1.02 and a current ratio of 1.03. The firm has a 50-day moving average price of GBX 363.08 and a 200 day moving average price of GBX 361.48.

International Distributions Services Company Profile

We are an international business providing postal and delivery services across our extensive networks which covers over 40 countries. The Group consists of two principal operations - our UK based operation, which includes Royal Mail and Parcelforce Worldwide (Royal Mail), and our international operation, General Logistics Systems (GLS).