Pitney Bowes, Inc. (PBI) Stock: A Year of Market Fluctuations

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 3.81% away from its 52-week high, while its distance from the 52-week low is 104.29%. The stock’s price range over this period has fluctuated between $2.80 and $5.51. The company, operating within the financial sector, had a trading volume of approximately 2.84 million for the day, which was noticeably higher than the average daily share volume of 1.38 million over the last 3 months.

Pitney Bowes, Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $5.51 on 05/14/24 and a low of $2.80 for the same time frame on 09/08/23.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Pitney Bowes, Inc. (PBI) has experienced a quarterly rise of 44.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.02B 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 4.24, with a change in price of +1.58. Similarly, Pitney Bowes, Inc. recorded 1,478,093 in trading volume during the last 100 days, posting a change of +38.16%.

PBI Stock Stochastic Average

Today, Pitney Bowes, Inc.’s raw stochastic average for the past 50 days stands at 96.81%, indicating a rise from the raw stochastic average of the last 20 days, which was 96.77%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 83.62% and 78.12% respectively.

PBI Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a gain of 30.00%.However, over the last six months, we can see a weaker performance of 41.94%. Over the last 30 days, the price of PBI has fallen by 40.54%. And in the last five days, it has surged by 9.37%.

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