Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report) shares dropped 15% during trading on Tuesday . The company traded as low as $8.42 and last traded at $8.50. Approximately 1,967 shares were traded during trading, an increase of 83% from the average daily volume of 1,074 shares. The stock had previously closed at $10.00.
Royal Mail Trading Up 26.7%
The stock's 50-day moving average is $8.53 and its 200 day moving average is $8.84.
About Royal Mail
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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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