Pitney Bowes Inc. (NYSE:PBI) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Zacks Investment Research has upgraded Pitney Bowes Inc. (NYSE:PBI) to Hold in a statement released on 09/27/2016.
Boasting a price of $17.70, Pitney Bowes Inc. (NYSE:PBI) traded 0.71% higher on the day. With the last stock price close down -6.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Pitney Bowes Inc. has recorded a 50-day average of $18.31 and a two hundred day average of $19.05. Volume of trade was down over the average, with 649,102 shares of PBI changing hands under the typical 1,408,050
With a total market value of $0, Pitney Bowes Inc. has PE ratio of 12.03 with a one year low of $16.24 and a one year high of $21.81 .
General Company Details For Pitney Bowes Inc. (NYSE:PBI)
Pitney Bowes Inc. is a global technology company. The Company offers customer information management, location intelligence, and customer engagement products and solutions to help clients market to their customers, and shipping and mailing, and cross border e-commerce products and solutions that enable the sending of parcels and packages across the globe. The Company's business is organized around three sets of solutions, which include small and medium business (SMB) Solutions, enterprise business solutions and digital commerce solutions (DCS). Its DCS business includes Software Solutions and Global Ecommerce segments. Its Others segment consists of Imagitas. The Company markets products and services through sales force, direct mailings, telemarketing, independent dealers and distributors and Web channels. It sells products to business, governmental, institutional and other organizations.
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