(STMP) Shares are Up 3.59% (STMP) has been under a strong bear grip, hence the stock is down -14.94% 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 2.95% in the past 1 week. The stock has risen by 3.59% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.2% in the past 4 weeks. (NASDAQ:STMP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.46 and $71.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.40, notching a gain of 6.42% for the day. The total traded volume was 1,761,668 . The stock had closed at $72.73 on the previous day.

The stock has recorded a 20-day Moving Average of 4.77% and the 50-Day Moving Average is 9.16%. Inc. has dropped 16.17% during the last 3-month period . Year-to-Date the stock performance stands at -29.39%. Inc. is a provider of Internet-based mailing and shipping solutions. Under the branded solutions, the Companys customers use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others. Its customers include individuals, small businesses, home offices, medium-size businesses and large enterprises, and within these segments, the Company targets both mailers and shippers. In addition, the Company offers multi-carrier shipping solutions under the brand names ShipStation and ShipWorks. The Companys products and services include Mailing and Shipping Business and PhotoStamps.

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