Zacks Investment Research downgraded Stamps.com Inc. (NASDAQ:STMP) to Hold in a statement released earlier today.
- Updated: October 1, 2016
Zacks Investment Research has downgraded Stamps.com Inc. (NASDAQ:STMP) to Hold in a statement released on 9/29/2016.
On 08/07/2015, Craig Hallum released a statement about Stamps.com Inc. (NASDAQ:STMP) upped the target price from $74.00 to $87.00 that suggested an upside of 0.03%.
Having a price of $94.89, Stamps.com Inc. (NASDAQ:STMP) traded 1.03% higher on the day. With the last stock price up 5.14% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. STMP has recorded a 50-day average of $92.43 and a two hundred day average of $89.89. Trade Volume was down over the average, with 342,912 shares of STMP changing hands under the typical 865,775
Recent Performance Chart
Stamps.com Inc. has price-earnings ratio of 47.85 with a one year low of $68.82 and a one year high of $123.75 and has a total market value of $0.
General Information About Stamps.com Inc. (NASDAQ:STMP)
Stamps.com Inc. is a provider of Internet-based mailing and shipping solutions. The Company operates through the Internet Mailing and Shipping Services segment. Under the Stamps.com and Endicia branded solutions, the Company's customers use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others. Its customers include individuals, small businesses, home offices, medium-size businesses and large enterprises, and within these categories, the Company targets both mailers and shippers. In addition, the Company offers multi-carrier shipping solutions under the brand names ShipStation and ShipWorks. The Company's products and services include Mailing and Shipping Business and Customized Postage.
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