|Bid||0.0000 x 3100|
|Ask||0.0000 x 4000|
|Day's Range||2.4600 - 2.6300|
|52 Week Range||2.3000 - 8.2000|
|Beta (5Y Monthly)||2.21|
|PE Ratio (TTM)||13.15|
|Forward Dividend & Yield||0.20 (8.33%)|
|Ex-Dividend Date||Aug 19, 2022|
|1y Target Est||N/A|
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Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Pitney Bowes Inc...
Penny stocks are those which typically trade at $5 per share or less. Most penny stocks represent small companies that likely trade via over-the-counter (OTC) transactions, although some do trade on primary exchanges. Investing in penny stocks can thus be especially risky and may also entail higher trading costs.
Now is perhaps not the time investors want to be taking speculative risks. The Federal Reserve is intent on raising rates, a move that’s impacted equity valuations across the board. For many penny stocks, this has meant an even more outsized decline revaluation to blue chips than we’ve seen in some time. That said, at some level, even the worst-looking companies become intriguing to investors looking for value. There are still speculators out there. Accordingly, near-term rallies in various beat