International Distributions Services (OTCMKTS:ROYMF) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

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

International Distributions Services Stock Performance

The stock has a 50 day simple moving average of $5.40 and a 200-day simple moving average of $5.19.

International Distributions Services Company Profile

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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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