International Distributions Services (OTCMKTS:ROYMF) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

International Distributions Services plc (OTCMKTS:ROYMFGet Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $5.40 and traded as low as $5.40. International Distributions Services shares last traded at $5.40, with a volume of 100 shares.

International Distributions Services Stock Performance

The business’s 50-day moving average is $5.40 and its two-hundred day moving average is $5.15.

About International Distributions Services

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International Distributions Services PLC (OTCMKTS: ROYMF) is a United Kingdom–based holding company that operates a global mail and parcel business through its two principal divisions: Royal Mail and General Logistics Systems (GLS). The company’s UK-focused Royal Mail arm provides letter and parcel delivery services across Britain, operating an extensive domestic network that supports both retail and business customers. Its offerings range from standard letter post to expedited parcel services and international mail solutions.

GLS, acquired by the group in 2005, represents International Distributions Services’ international parcels and logistics platform.

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