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Royal Mail (OTCMKTS:ROYMY) Hits New 1-Year Low - Here's Why

International Distributions Services logo with Transportation background

Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as $7.00 and last traded at $7.00, with a volume of 2864 shares traded. The stock had previously closed at $8.08.

Royal Mail Stock Performance

The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05. The firm has a 50 day moving average price of $9.13 and a 200 day moving average price of $9.10.

Royal Mail Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 29th. Shareholders of record on Tuesday, May 13th were paid a dividend of $0.1817 per share. This is a boost from Royal Mail's previous dividend of $0.04. The ex-dividend date was Monday, May 12th. This represents a yield of 2.5%.

About Royal Mail

(Get Free Report)

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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