STMP - Watch for Continued Gains in Shares of Stamps.com Inc. (STMP)
Shares of Stamps.com Inc. (NASDAQ:STMP) traded at a new 52-week high today of $326.41. So far today approximately 309,000 shares have been exchanged, as compared to an average 30-day volume of 505,000 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.
Stamps.com Inc. share prices have moved between a 52-week high of $326.41 and a 52-week low of $159.22 and are now trading 105% above that low price at $326.03 per share.
Stamps.com Inc. (NASDAQ:STMP) defies analysts with a current price ($326.03) 8.5% above its average consensus price target of $298.21.
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