Pitney Bowes (NYSE:PBI) : During the past 4 weeks, traders have been relatively bearish on Pitney Bowes (NYSE:PBI), hence the stock is down -5.67% 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 -1.21% relative to the S&P 500. The stock has risen by 0.06% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.15% in the past 4 weeks.
The company shares have dropped -15.80% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $21.81 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $18.07 and the 200 Day Moving Average price is recorded at $19.15.
The stock has recorded a 20-day Moving Average of 0.29% and the 50-Day Moving Average is 2.71%.
Pitney Bowes (NYSE:PBI): stock turned positive on Friday. Though the stock opened at $17.56, the bulls momentum made the stock top out at $17.83 level for the day. The stock recorded a low of $17.51 and closed the trading day at $17.8, in the green by 2.77%. The total traded volume for the day was 1,211,549. The stock had closed at $17.32 in the previous days trading.
In an insider trading activity, Lautenbach Marc Bradley, CEO of Pitney Bowes Inc /De/, executed a transaction worth $249,866 on October 30, 2015. A total of 12,007 shares were purchased at an average price of $20.81. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.