STMP - Stamps.com Inc.: 52-Week High Recently Eclipsed (STMP)

Shares of Stamps.com Inc. (NASDAQ:STMP) traded today at $329.71, eclipsing its 52-week high. So far today approximately 309,000 shares have been exchanged, as compared to an average 30-day volume of 262,000 shares.

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions. The company's operating segments are Stamps.com and MetaPack. The Stamps.com segment makes up more than 90% of the company's revenue. This segment derives revenue from online postage and shipping software solutions offered to consumers, small businesses, e-commerce shippers, enterprise mailers, and high volume shippers. Stamps.com's customers are primarily located in the U.S. MetaPack derives revenue from multi-carrier enterprise-level shipping software solutions for large e-commerce retailers and brands.

Over the past year, Stamps.com Inc. has traded in a range of $159.22 to $329.71 and is now at $329.69, 107% above that low.

Stamps.com Inc. has overhead space with shares priced $329.69, or 35.6% below the average consensus analyst price target of $511.88.

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