logo

Pitney Bowes, Inc.’s Mixed Bag: Up 59.60% in 6 Months, Up 21.29% in 30 Days

Pitney Bowes, Inc. had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $4.58 on 05/02/24, while the lowest price during the same period was $2.80 on 09/08/23.

52-week price history of PBI Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Pitney Bowes, Inc.’s current trading price is 12.55% away from its 52-week high, while its distance from the 52-week low is 84.11%. The stock’s price range for this period has remained between $2.80 and $4.58. The Industrials sector company’s shares managed to surpass a trading volume of around 3.39 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.33 million over the last three months.

Financial Performance and Market Capitalization

Pitney Bowes, Inc. (PBI) has experienced a quarterly rise of 24.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 915.89M and boasts a workforce of 10500 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.15, with a change in price of +1.03. Similarly, Pitney Bowes, Inc. recorded 1,435,437 in trading volume during the last 100 days, posting a change of +24.52%.

PBI Stock Stochastic Average

As of today, the raw stochastic average of Pitney Bowes, Inc. over the last 50 days is at 98.04%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 97.79%. Further, the company’s Stochastic %K and %D values for the last 20 days were 80.63% and 68.93%, 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. The index has shown a price gain of 17.16% this year. Over the last six months, there has been a weaker performance of 59.60%. The price of PBI fallen by 21.29% during the last 30 days period. For the last 5-days stocks have improved 22.16%.

Most Popular