Pitney Bowes, Inc (PBI) concluded trading on Thursday at a closing price of $8.05, with 3.73 million shares of worth about $30.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 58.46% during that period and on November 07, 2024 the price saw a gain of about 2.29%. Currently the company’s common shares owned by public are about 176.37M shares, out of which, 160.26M shares are available for trading.
Stock saw a price change of 11.65% in past 5 days and over the past one month there was a price change of 17.52%. Year-to-date (YTD), PBI shares are showing a performance of 82.95% which increased to 106.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.68 but also hit the highest price of $7.95 during that period. The average intraday trading volume for Pitney Bowes, Inc shares is 1.82 million. The stock is currently trading 10.94% above its 20-day simple moving average (SMA20), while that difference is up 14.75% for SMA50 and it goes to 44.22% higher than SMA200.
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Pitney Bowes, Inc (NYSE: PBI) currently have 176.37M outstanding shares and institutions hold larger chunk of about 57.29% of that.
The stock has a current market capitalization of $1.45B and its 3Y-monthly beta is at 1.96. It has posted earnings per share of -$1.50 in the same period. It has Quick Ratio of 0.91. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PBI, volatility over the week remained 3.79% while standing at 3.43% over the month.
Stock’s fiscal year EPS is expected to rise by 812.50% while it is estimated to increase by 167.12% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Sidoti on April 30, 2021 offering a Buy rating for the stock and assigned a target price of $10 to it. Stock get a Buy rating from National Securities on August 03, 2020.
