Pitney Bowes (PBI) : During the past 4 weeks, traders have been relatively bearish on Pitney Bowes (PBI), hence the stock is down -3.12% 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 -0.97% relative to the S&P 500. The 4-week change in the price of the stock is -2.12% and the stock has fallen -0.91% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.48% and the 50-Day Moving Average is 0.67%. Pitney Bowes (NYSE:PBI): On Fridays trading session , Opening price of the stock was $18.43 with an intraday high of $18.53. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.38. However, the stock managed to close at $18.45, a loss of 0.11% for the day. On the previous day, the stock had closed at $18.47. The total traded volume of the day was 855,683 shares.
The company Insiders own 1.43% of Pitney Bowes shares according to the proxy statements. Institutional Investors own 79.94% of Pitney Bowes 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.