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Stamps.com (NDAQ:STMP) has been downgraded from Buy to Hold in a report by ValuEngine today.

Just yesterday Stamps.com (NDAQ:STMP) traded 2.90% higher at $138.50. STMP’s 50-day average is $211.80 and its two hundred day average is $165.74. With the last close down 32.86% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Volume of trade was down over the average, with 323,374 shares of STMP changing hands under the typical 425,794

ValuEngine has downgraded Stamps.com (NDAQ:STMP) from Buy to Hold in a report released on Thursday May 25, 2017.

Performance Chart

Stamps.com (NDAQ:STMP)

With a total market value of $0, Stamps.com has price-earnings ratio of 35.61 with a one year low of $93.30 and a one year high of $233.13 .

More About Stamps.com (NDAQ:STMP)

Stamps.com Inc. is a provider of Internet-based mailing and shipping solutions in the United States. The Company offers mailing and shipping products and services to its customers under the Stamps.com, Endicia, ShipStation, ShipWorks and ShippingEasy brands. It operates through the Internet Mailing and Shipping Services segment. Under the Stamps.com and Endicia brands, customers use its United States Postal Service (USPS) only solutions to mail and ship a range of mail pieces and packages through the USPS. USPS mailing and shipping solutions enable users to print electronic postage directly onto envelopes, plain paper, or labels using only a standard personal computer, printer and Internet connection. The Company offers USPS mailing and shipping services, multi-carrier shipping services, mailing and shipping services, branded insurance and international postage solutions. The Company offers customized postage under the PhotoStamps and PictureItPostage brand names.

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