The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 84.32% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 29.02%. Over the past 30 days, the price of PBI has fallen by 1.77%. And in the last five days, it has fallen by -1.36%.
The stock of Pitney Bowes, Inc (PBI) is currently priced at $11.23. In the last session, the stock climbed significantly, topping out at $17.0 after opening at $11.29. The day’s lowest price was $17.0 before the stock closed at $11.18.
Pitney Bowes, Inc experienced a somewhat steady performance in the stock market.
52-week price history of PBI Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Pitney Bowes, Inc’s current trading price is -14.38% away from its 52-week high, while its distance from the 52-week low is 101.16%. The stock’s price range during this time has been between $5.58 and $13.11. The trading volume for the Industrials sector company’s shares reached about 13.75 million for the day, which was higher than the average daily volume of 2.67 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Pitney Bowes, Inc (PBI) has experienced a quarterly rise of 24.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.93B and boasts a workforce of 7200 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.98, with a change in price of +2.03. Similarly, Pitney Bowes, Inc recorded 2,569,069 in trading volume during the last 100 days, posting a change of +22.31%.
PBI Stock Stochastic Average
Today’s raw stochastic average for Pitney Bowes, Inc over the last 50 days is 37.54%.This indicates a increase from the raw stochastic average of the past 20 days, which was 10.53%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 18.86% and 21.49%, respectively.
