Royal Mail (OTCMKTS:ROYMY) Shares Gap Up – Time to Buy?

Royal Mail Plc (OTCMKTS:ROYMYGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $6.39, but opened at $7.91. Royal Mail shares last traded at $8.50, with a volume of 2,998 shares changing hands.

Royal Mail Stock Performance

The business has a 50-day moving average of $8.51 and a 200 day moving average of $8.63.

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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