 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Stamps.com (STMP) provides Internet-based postage solutions.
The company offers solutions to mail and ship various mail pieces, including postcards, envelopes, flats, and packages. Its products and services include the United States Postal Service (USPS)-approved PC Postage service that enables users to print electronic stamps directly onto envelopes, plain paper, or labels using personal computer, printer, and Internet connection; PC postage integration services, including electronic postage for transactions to partners who manage the front-end process; and PhotoStamps, a patented form of postage, which allows consumers to turn digital photos, designs, or images into valid United States postage.
The company also sells NetStamps labels, shipping labels, other mailing labels, postage printers, scales, and other mailing and shipping-focused office supplies through its mailing and shipping supplies store. In addition, it offers Stamps.com branded insurance enabling users to insure their mail or packages. Stamps.com Inc. serves individuals, small businesses, home offices, medium-size businesses, and large enterprises.
Shares are in the process of moving higher out of a bullish "flag" and higher share prices are expected.
52-Week Trading Range: $18.62 - $41.80
Entry Point: $41.78
Stop Loss: $39.69
Target Price: $45.95
STMP was downgraded this morning while its price target was raised! The downgrade pushes shares below our stop loss. The position was closed at $39.50
