The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Pitney Bowes, Inc.’s current trading price is -12.01% away from its 52-week high, while its distance from the 52-week low is 43.93%. The stock’s price range for this period has been between $2.80 and $4.58 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 1.38 million for the day, a number notably lower than the average daily volume of 1.44 million over the last three months.
In terms of market performance, Pitney Bowes, Inc. had a fairly even. The highest value for the stock in the past year was $4.58 on 12/14/23, and the lowest value was recorded at $2.80 on 09/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Pitney Bowes, Inc. (PBI) has experienced a quarterly decline of -2.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 716.01M 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 4.14, with a change in price of +0.09. Similarly, Pitney Bowes, Inc. recorded 1,405,017 in trading volume during the last 100 days, posting a change of +2.28%.
PBI Stock Stochastic Average
As of today, Pitney Bowes, Inc.’s raw stochastic average for the last 50 days stands at 41.67%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 23.64%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 15.15% and 19.60%, respectively.
PBI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -8.41% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 6.90%. Over the past 30 days, the price of PBI has leaped by -0.98%. And in the last five days, it has fallen by -1.95%.
