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Royal Mail (OTCMKTS:ROYMY) Shares Gap Up - What's Next?

Royal Mail logo with Transportation background

Key Points

  • Royal Mail Plc shares gapped up significantly, opening at $8.94 after closing at $7.00, and last traded at $9.69.
  • The company's 50-day moving average is $8.37, and the 200-day moving average is $8.86.
  • Royal Mail operates as a universal postal service provider in the UK and internationally, offering various delivery services under its brands.
  • Five stocks to consider instead of Royal Mail.

Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $7.00, but opened at $8.94. Royal Mail shares last traded at $9.69, with a volume of 2,723 shares trading hands.

Royal Mail Price Performance

The company's fifty day simple moving average is $8.45 and its 200-day simple moving average is $8.87.

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.

See Also

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