International Distributions Services (OTCMKTS:ROYMY) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

International Distributions Services plc (OTCMKTS:ROYMYGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $8.95 and traded as low as $8.66. International Distributions Services shares last traded at $8.66, with a volume of 273 shares changing hands.

International Distributions Services Stock Performance

The company’s 50 day moving average is $8.95 and its 200 day moving average is $8.35.

About International Distributions Services

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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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