Still Not Convinced about Bed Bath & Beyond Inc. (BBBY), Pitney Bowes Inc. (PBI)? Read This

CASTAGNA EUGENE A, President and COO, sold 25,000 shares of the Bed Bath & Beyond Inc. (NASDAQ:BBBY) in an exchange that happened on July 5th, 2018. The stock was sold at an average price of $20.81 per share, amounting to a transaction worth $520,348. The purchase was made public in a document filed with the SEC.

With this stock price’s latest movement, it is now -50.37% away from its 1-year high and 14.24% higher than its 1-year low price. In the past seven days, the stock price volatility for Bed Bath & Beyond Inc. was 5.96%, whereas its volatility in the past 30 days has been 5.68%. This public company’s stock also has a beta score of 0.78. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) most recently published its quarterly earnings results. The firm posted $0.36 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $0.50 by $0.14. The publicly-traded organization reported revenue of $2,935.02 million for the quarter, compared to the average analyst forecast calling for $2,955.95 million, which was missing the analyst consensus estimate.

Shares of Bed Bath & Beyond Inc. (BBBY) surged 4.00%, amounting to a gain of $0.46 per share, to finish the regular trading session at $11.95 on Friday 01/04/2019. After beginning the session at $11.62, shares of Bed Bath & Beyond Inc. reached as high as $12.14 during the day, while hitting a 1-day low of $11.59. Trade volume reached 5,807,213 shares against this stock’s average daily volume of 4.77M shares, with a total float of 132.72M. As a consequence of the price increase, Bed Bath & Beyond Inc. now has a current market value of 1.65B.

Pitney Bowes Inc. (NYSE:PBI) added 8.54% to its trading price by the close of the most recent session, jumping from its previous closing price of $5.97 to $6.48. This stock decreased in value by 8.91% during the last 7-day period, and experienced a gain of -23.58% over the past 30-day period. In the past three months, this stock’s price lost by -10.12% , and subtracted -28.71% to its price during the last six months of trading. PBI demonstrated a yearly price loss of -42.65% , while its year-to-date (YTD) price performance has been up 9.64% . This stock’s price changed by +17.60% compared to its 90-day low, and moved down -24.30% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the PBI stock as “Sell”. In the short-term, Pitney Bowes Inc. (PBI) has a 20-day average volume of 3,002,685 shares and short-term indicators sets the PBI stock as “ 40% Buy ” on average basis. In the medium-term, PBI stock has a 50-Day average volume of 2,763,870 shares and medium-term indicators gave the average rating of “ 25% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 2,539,896 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the PBI stock as “16% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on PBI. Maxim Group, for example, Initiated its rating on shares of Pitney Bowes Inc. to a “Buy”, while setting a $12 price target on shares of the company’s stock, according to a research note from Friday June 1st, 2018. while giving the stock a “ Buy” from “Neutral ” rating, as stated in a research report from Wednesday, August 2nd, 2017. Cross Research, on the other hand, Downgrade a from “Hold ” to “ Sell” rating on this stock in a research note dated Wednesday, August 2nd, 2017.

In other news related to Pitney Bowes Inc. stock, 74.81% shares of PBI held by institutions. The total number of institutions who held the PBI shares was 398, according to most recent SEC filling. During the past quarter, total 140,353,899 shares held by institutions with the net change of -3,038 shares. In the meantime, 0 new institutions bought the shares of Pitney Bowes Inc. for the first time and 2 institutions sold all their holdings in the company’s common stock. 8 institutions increased their investment in the PBI stock and 6 institutions decreased their investment in the Pitney Bowes Inc. (PBI)’s stock during the last quarter.