Shares of Pitney Bowes (PBI) Sees Large Outflow of Money

Pitney Bowes (PBI) : The total money flow in Pitney Bowes (PBI) was negative ($0.9 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $2.04 million. In comparison, the inflow of money into the stock on upticks was $1.14 million. The uptick to downtick ratio was 0.56. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.44 million. The value of transactions on uptick was $0.37 million. The negative money flow of ($1.08 million) confirms the selling in Pitney Bowes (PBI) on strength. The uptick to downtick ratio of block trades was 0.25. Pitney Bowes (PBI) gained $0.11 at $18.8, a gain of 0.56% over the previous days close. However, the stock registered 0.13% in the week.


Shares of Pitney Bowes Inc. rose by 1.94% in the last five trading days and 0.01% for the last 4 weeks. Pitney Bowes Inc. is up 1.94% in the last 3-month period. Year-to-Date the stock performance stands at -5.69%.

Pitney Bowes (NYSE:PBI): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.72 and $18.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.87, notching a gain of 0.96% for the day. The total traded volume was 1,156,438 . The stock had closed at $18.69 on the previous day.

In a related news, Lautenbach Marc Bradley, CEO of Pitney Bowes Inc /De/, had purchased 12,007 shares on October 30, 2015. The total value of the transaction was $249,866. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Pitney Bowes Inc. is a provider of technology solutions. The Company offers solutions for direct mail, transactional mail, customer engagement management and analytics, and e-commerce parcel management, along with digital channel messaging for the Web, e-mail and mobile applications. The Companys business is organized around three sets of solutions: small and medium business (SMB) Solutions, enterprise business solutions and digital commerce solutions (DCS). Its Enterprise Business Solutions includes equipment and services to process inbound and outbound mail. Its SMB Solutions provides a range of mailing equipment and postage meters, maintenance, and support services and supplies. Its DCS provides a range of software solutions, customer engagement and communication solutions, data management products and solutions, e-commerce parcel management solutions and targeted direct marketing programs. Its subsidiaries include The Pitney Bowes Bank (the Bank) and Borderfree, Inc.

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