Pitney Bowes (PBI) : During the past 4 weeks, traders have been relatively bearish on Pitney Bowes (PBI), hence the stock is down -2.66% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.4% relative to the S&P 500. The 4-week change in the price of the stock is -2.29% and the stock has fallen -0.43% in the past 1 week.
Pitney Bowes Inc. is up 4.76% in the last 3-month period. Year-to-Date the stock performance stands at -8.18%. The stock has recorded a 20-day Moving Average of 0.56% and the 50-Day Moving Average is 1.5%.
Pitney Bowes (NYSE:PBI): The stock opened at $18.42 on Friday but the bulls could not build on the opening and the stock topped out at $18.55 for the day. The stock traded down to $18.31 during the day, due to lack of any buying support eventually closed down at $18.37 with a loss of -0.65% for the day. The stock had closed at $18.49 on the previous day. The total traded volume was 1,134,794 shares.
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.