Pitney Bowes Inc. (PBI) Rises 2.76%

Pitney Bowes Inc. (PBI) Rises 2.76%

Pitney Bowes Inc. is a Pitney Bowes is a global technology company that offers e-commerce solutions to its clients.

Among the biggest risers on the S&P 500 on Monday January 04 was Pitney Bowes Inc. ($PBI), popping some 2.76% to a price of $6.33 a share with some 2.48 million shares trading hands.

Starting the day trading at $6.19, Pitney Bowes Inc. reached an intraday high of $6.51 and hit intraday lows of $6.15. Shares gained $0.17 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 173.11 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $1.67 to $7.70.

Pitney Bowes is a global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: global e-commerce, presort services, and SendTech Solutions. The company generates roughly half of its revenue through the SendTech Solutions segment, and most of its revenue is earned in the United States.

Pitney Bowes Inc. has its corporate headquarters located in Stamford, CT and employs 11,000 people. Its market cap has now risen to $1.1 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 13.76, and P/FCF n/a.

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