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Royal Mail (OTCMKTS:ROYMY) Shares Gap Up - Should You Buy?

Royal Mail logo with Transportation background

Key Points

  • Royal Mail Plc shares experienced a significant gap up, opening at $7.75 after closing at $7.00, with a trading volume of 468 shares.
  • The stock's 50-day moving average is $8.52 and the 200-day moving average is $8.84, indicating a downward trend from these averages.
  • Royal Mail operates as a universal postal service provider, delivering parcels and letters under the Royal Mail and Parcelforce Worldwide brands.
  • Five stocks we like better than Royal Mail.

Royal Mail Plc (OTCMKTS:ROYMY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $7.00, but opened at $7.75. Royal Mail shares last traded at $7.75, with a volume of 468 shares trading hands.

Royal Mail Price Performance

The business has a 50-day simple moving average of $8.54 and a two-hundred day simple moving average of $8.83.

Royal Mail Company Profile

(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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