ROYAL MAIL PLC/ADR (ROYMY) Reaches New 1-Year Low at $5.42
ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $5.42 and last traded at $5.71, with a volume of 4601 shares changing hands. The stock had previously closed at $5.42.
Several brokerages have issued reports on ROYMY. Berenberg Bank raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Zacks Investment Research lowered shares of ROYAL MAIL PLC/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, February 6th. Finally, HSBC raised shares of ROYAL MAIL PLC/ADR from a “hold” rating to a “buy” rating in a report on Monday, February 4th. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. ROYAL MAIL PLC/ADR has a consensus rating of “Hold”.
The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 4.79 and a beta of 1.07.
Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.
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