Use Pitney to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
Marc Lautenbach CEO and President Director and Member of Executive Committee, MBA
Murray Martin Chairman, CEO and President and Chairman of Executive Committee
Daniel Goldstein Chief Legal and Compliance Officer, Executive Vice President
Vicki Omeara Executive VP and President of Pitney Bowes Services Solutions
Pitney Price and Market Media
The median price of Pitney for the period between Tue, May 21, 2013 and Thu, Jun 20, 2013 is 14.69 with a coefficient of variation of 2.15. The daily time series for the period is distributed with a sample standard deviation of 0.32, arithmetic mean of 14.73, and mean deviation of 0.26. The Stock received substential amount of media coverage during this period.
Pitney Bowes Inc [PBI] is traded on New York Stock Exchange in USA. It is located in Stamford, CT and employs 27,400 people. The company currently falls under 'Mid-Cap' category with total capitalization of 2.96 B. Pitney Bowes Inc runs under Consumer Goods sector within Business Equipment industry. This company has 201.47 M outstanding shares of which 58.81 M shares are at this time shorted by investors with about 11.4 days to cover shorted positions.
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