Stamps.com (STMP) : 3 Wall Street analysts covering Stamps.com (STMP) believe that the average level the stock could reach for the short term is $140. The maximum price target given is $150 and the minimum target for short term is around $120, hence the standard deviation is calculated at $17.32.
Stamps.com (STMP) has witnessed a rise of 1.5% or 44,408 shares in its short figure. The short interest augmentation took it from 2,960,509 on June 15,2016 to 3,004,917 on June 30,2016. In terms of floated shares, the short interest was calculated to be 18.8%. The days to cover are 6 given that the daily volume averaged 540,716 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Stamps.com (NASDAQ:STMP): stock turned positive on Thursday. Though the stock opened at $74.49, the bulls momentum made the stock top out at $77.13 level for the day. The stock recorded a low of $68.85 and closed the trading day at $74.8, in the green by 1.29%. The total traded volume for the day was 4,032,937. The stock had closed at $73.85 in the previous days trading.
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.