Stuart Simpson Sells 19,354 Shares of Royal Mail PLC (LON:RMG) Stock

Royal Mail PLC (LON:RMG) insider Stuart Simpson sold 19,354 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of GBX 158 ($1.94), for a total transaction of £30,579.32 ($37,631.45).

Stuart Simpson also recently made the following trade(s):

  • On Monday, June 15th, Stuart Simpson bought 57 shares of Royal Mail stock. The stock was acquired at an average price of GBX 174 ($2.14) per share, for a total transaction of GBX 9,918 ($122.05).
  • On Friday, May 15th, Stuart Simpson purchased 58 shares of Royal Mail stock. The shares were acquired at an average price of GBX 174 ($2.14) per share, with a total value of £100.92 ($124.19).
  • On Wednesday, April 15th, Stuart Simpson acquired 71 shares of Royal Mail stock. The shares were bought at an average cost of GBX 141 ($1.74) per share, for a total transaction of £100.11 ($123.20).

Shares of Royal Mail stock opened at GBX 172.20 ($2.12) on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.74 and a debt-to-equity ratio of 32.69. Royal Mail PLC has a 12-month low of GBX 118.86 ($1.46) and a 12-month high of GBX 258.60 ($3.18). The company has a market cap of $1.65 billion and a P/E ratio of 5.33. The company’s fifty day simple moving average is GBX 175.12 and its two-hundred day simple moving average is GBX 179.71.

Royal Mail (LON:RMG) last announced its earnings results on Thursday, June 25th. The company reported GBX 19.60 ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 21.70 ($0.27) by GBX (2.10) (($0.03)). Analysts predict that Royal Mail PLC will post 2834.0001931 EPS for the current fiscal year.

Several equities research analysts recently weighed in on the company. Liberum Capital restated a “sell” rating on shares of Royal Mail in a report on Thursday, June 25th. Deutsche Bank reissued a “hold” rating on shares of Royal Mail in a research note on Friday, June 26th. Jefferies Financial Group restated an “underperform” rating on shares of Royal Mail in a report on Friday, June 26th. Sanford C. Bernstein upgraded shares of Royal Mail to a “market perform” rating and upped their price target for the company from GBX 135 ($1.66) to GBX 165 ($2.03) in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of Royal Mail in a report on Friday, June 26th. Six research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 159.17 ($1.96).

About Royal Mail

Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, 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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Insider Buying and Selling by Quarter for Royal Mail (LON:RMG)

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