Pitney Bowes, Inc. (NYSE:PBI) traded at $6.68 at last check on current trade day and made an upward move of 6.20% on its previous day’s price.
Looking at the stock we see that its previous close was $6.29 with the day’s price range being $6.32 – $6.81. In terms of its 52-week price range, PBI has a high of $7.70 and a low of $2.80. The company’s stock has lost about -0.45% over that past 30 days.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Pitney Bowes, Inc. has a market cap of $1.19 billion. With its Forward Dividend at 0.20 and a yield of 2.99%, the company’s investors could be anxious for the PBI stock to gain ahead of the earnings release.
Looking further, we note the current price level is 2.90% off its SMA20 and 13.87% from its 50-day simple moving average. The RSI (14) is pointing at 59.61 while the volatility over the past week is 9.41% and jumps to 5.43% over the past one month. The beta value is 1.97, while the average true range (ATR) is currently pointing at 0.44.
Coming back to Pitney Bowes, Inc. (NYSE:PBI), we note that the average 3-month trading volume was 2.13 million, while that of the preceding 10-day period stands at 3.19 million. Current shares outstanding are 176.37 million.
The insiders hold 10.65% of the company’s shares while institutions hold 57.87%. The data shows that short shares as of 2024-07-15, stood at 11.73 million at a short ratio of 4.58. This represents a 876.00 short interest in shares outstanding on 2024-07-15. Shares short fall in July from the previous month at 11.93 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 51.82% up in year-to-date price movement.
