Stamps.com (STMP) : $0.97 million worth of transactions were on upticks in Stamps.com (STMP), compared to $0.11 million on downticks. The ratio between the two was 8.81, whereas, the net money flow stood at a healthy $0.86 million on Fridays session. The consistent buying on upticks in the stock accounted for $0.9million worth of trades. The total money flow into the stock stood at $0.9 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.05%. The stock was trading at $72.7, with a drop of $0.04 over the previous days close. The stock recorded -2.71% for the week.
Stamps.com (STMP) : Average target price received by Stamps.com (STMP) is $140 with an expected standard deviation of $17.32. The most aggressive target on the stock is $150, whereas the most downbeat target is $120. 3 financial analysts are currently covering the stock.
Stamps.com (NASDAQ:STMP): stock turned positive on Friday. Though the stock opened at $73.46, the bulls momentum made the stock top out at $78.23 level for the day. The stock recorded a low of $71.61 and closed the trading day at $77.4, in the green by 6.42%. The total traded volume for the day was 1,761,668. The stock had closed at $72.73 in the previous days trading.
In a related news, Bortnak James, Officer (Co-President And Corp & Busdev) of STAMPS.COM INC, unloaded 5,000 shares at an average price of $86.3 on June 24, 2016. The total amount of the transaction was worth $431,500, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Stamps.com Inc. is a provider of Internet-based mailing and shipping solutions. Under the Stamps.com branded solutions, the Companys customers use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others. Its customers include individuals, small businesses, home offices, medium-size businesses and large enterprises, and within these segments, the Company targets both mailers and shippers. In addition, the Company offers multi-carrier shipping solutions under the brand names ShipStation and ShipWorks. The Companys products and services include Mailing and Shipping Business and PhotoStamps.