International Distributions Services (OTCMKTS:ROYMY) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Shares of International Distributions Services plc (OTCMKTS:ROYMYGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.92 and traded as low as $8.88. International Distributions Services shares last traded at $8.89, with a volume of 200 shares traded.

International Distributions Services Stock Performance

The firm’s 50 day moving average price is $8.92 and its 200-day moving average price is $8.84.

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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