In trading on Tuesday, shares of Pitney Bowes Inc (Symbol: PBI) crossed below their 200 day moving average of $20.17, changing hands as low as $19.15 per share. Pitney Bowes Inc shares are currently trading down about 7.8% on the day. The chart below shows the one year performance of PBI shares, versus its 200 day moving average:
Looking at the chart above, PBI's low point in its 52 week range is $16.24 per share, with $23.14 as the 52 week high point - that compares with a last trade of $19.10.
According to the ETF Finder at ETF Channel, PBI makes up 1.51% of the PowerShares S&P 500 High Dividend Low Volatility Portfolio ETF (Symbol: SPHD) which is trading lower by about 1.1% on the day Tuesday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.