Royal Mail (OTCMKTS:ROYMY) Sets New 12-Month Low - Should You Sell?

Key Points

• Shares of Royal Mail Plc hit a new 52-week low of $5.00 during trading, significantly down from a previous close of $7.00.
• The company's 50-day moving average is $8.06, while the 200-day moving average stands at $8.84, indicating a downward trend in stock performance.
• Royal Mail operates as a universal postal service provider, offering parcels and letter delivery services both in the UK and internationally.

Shares of Royal Mail Plc (OTCMKTS:ROYMY - ) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.00 and last traded at $5.00, with a volume of 278 shares. The stock had previously closed at $7.00.

Royal Mail Stock Performance

The stock's 50-day moving average is $8.06 and its 200-day moving average is $8.84.

Royal Mail Company Profile

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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