Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Pitney Bowes, Inc.’s current trading price is -5.68% away from its 52-week high, while its distance from the 52-week low is 54.29%. The stock’s price range over this period has fluctuated between $2.80 and $4.58. The company, operating within the financial sector, had a trading volume of approximately 2.91 million for the day, which was noticeably higher than the average daily share volume of 1.44 million over the last 3 months.
The market performance of Pitney Bowes, Inc.’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $4.58 on 12/14/23, while the lowest value for the same duration was $2.80 on 09/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Pitney Bowes, Inc. (PBI) has experienced a quarterly rise of 2.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 762.61M and boasts a workforce of 10500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.13, with a change in price of +0.40. Similarly, Pitney Bowes, Inc. recorded 1,392,159 in trading volume during the last 100 days, posting a change of +10.20%.
PBI Stock Stochastic Average
Today, Pitney Bowes, Inc.’s raw stochastic average for the past 50 days stands at 75.29%, indicating a decline from the raw stochastic average of the last 20 days, which was 76.36%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 29.87% and 29.59% respectively.
PBI Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -1.82%. However, over the past six months, we’ve seen a weaker performance of 18.36%. The price of PBI fallen by 4.60% over the last 30 days. And in the last five days, it has surged by 2.13%.
