Pitney Bowes traded at $18.39 this Thursday July 16th, increasing $0.20 or 1.07 percent since the previous trading session. Looking back, over the last four weeks, Pitney Bowes gained 4.94 percent. Over the last 12 months, its price rose by 57.14 percent. Looking ahead, we forecast Pitney Bowes to be priced at 17.95 by the end of this quarter and at 16.84 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pitney Bowes Inc. is a global technology company that provides commerce solutions. The Company is principally engaged in offering ecommerce fulfillment, shipping and returns, cross-border ecommerce, office mailing and shipping, presort and financial services. The Company's segments include Global Ecommerce, Presort Services and Sending Technology Solutions. The Global Ecommerce segment offers domestic parcel services, cross-border solutions and digital delivery services. The Presort Services segment is engaged in providing sortation services to qualify first class mail, marketing mail and bound and packet mail for postal workshare discounts. The Sending Technology Solutions segment offers physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications. Its cloud enabled infrastructure provides software-as-a-service offerings delivered online and through mobile devices. The Company also provides revolving credit solutions.