Royal Mail (ROYMY) Downgraded by Zacks Investment Research
Royal Mail (OTCMKTS:ROYMY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
According to Zacks, “Royal Mail plc is a provider of postal and delivery services. Its operating segment consists of UK Parcels, International and Letters, General Logistics Systems and Other. UKPIL segment collects and delivers parcels and letters predominantly. It provides collection and delivery services under the Royal Mail and Parcelforce Worldwide brands. GLS comprises European parcel business and is focused on the deferred parcels segment. Royal Mail plc is headquartered in London, the United Kingdom. “
Royal Mail (ROYMY) opened at $11.67 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.71 and a debt-to-equity ratio of 0.11. Royal Mail has a 52 week low of $9.75 and a 52 week high of $12.05.
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Royal Mail plc operates as an universal postal service provider in the United Kingdom 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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