Pitney Bowes (PBI) Shares are Up 2.18%

Pitney Bowes (PBI) has been under a strong bear grip, hence the stock is down -2.59% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.85% in the past 1 week. The stock has risen by 2.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.8% in the past 4 weeks.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.06% and the fifty day Moving Average is 3.53%. Pitney Bowes Inc. is up 2.22% in the last three month period. Year-to-Date the stock performance stands at -6.19%.

Pitney Bowes (PBI) : Currently there are 4 street experts covering Pitney Bowes (PBI) stock. The most bullish and bearish price target for the stock is $28 and $20 respectively for the short term. The average price target of all the analysts comes to $24.5. The estimated standard deviation from the target is $3.42.


Pitney Bowes (NYSE:PBI): stock turned positive on Friday. Though the stock opened at $18.62, the bulls momentum made the stock top out at $18.81 level for the day. The stock recorded a low of $18.61 and closed the trading day at $18.77, in the green by 1.13%. The total traded volume for the day was 2,685,943. The stock had closed at $18.56 in the previous days trading.

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.

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