How Will the Market React to Pitney Bowes Inc. (PBI) Stock Getting a Bullish Rating

Pitney Bowes Inc. (PBI) stock has gained 34.97% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Pitney Bowes Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PBI!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PBI Stock Today?

Pitney Bowes Inc. (PBI) stock is trading at $4.13 as of 11:16 AM on Friday, Nov 3, a rise of $0.15, or 3.77% from the previous closing price of $3.98. The stock has traded between $3.95 and $4.36 so far today. Volume today is 1,141,921 compared to average volume of 1,494,450. To see InvestorsObserver's Sentiment Score for Pitney Bowes Inc. click here.

More About Pitney Bowes Inc.

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. Click Here to get the full Stock Report for Pitney Bowes Inc. stock.