The upcoming earnings call will provide some vital information about the deal with UPS and the longer term impact on the company.
Resistance level sit at $94 & $100 so a opportunity is there for short term trade. If you are willing to sit on the sidelines there is a massive gap with almost 100% upside just above the $100 region.
Specialized gap traders dream of those opportunities, so set your alerts and get ready to rally.
A golden cross is also imminent on the daily chart, which is the ultimate buy signal.
Short interest high at 21%, could help ignite a rally.
P/E ratio 14.44
Company profile
Stamps.com, Inc. engages in the provision of Internet-based mailing and shipping solutions. It enables small businesses, enterprises, and online retailers to print U.S. Postal Service-approved postage. It operates under following segments: Stamps.com and MetaPack. The Stamps.com segment derives revenue from external customers from offering postage online and shipping software solutions offered to consumers, small businesses, e-commerce shippers, enterprise mailers, and high volume shippers. The MetaPack segment consists of the operations of MetaPack which derives revenues from external customers from offering multi-carrier enterprise-level shipping software solutions to large e-commerce retailers and brands. The company was founded by James Alastair Campbell McDermott, Jeff Green and Air R. Engelberg in September 1996 and is headquartered in El Segundo, CA.
Resistance level sit at $94 & $100 so a opportunity is there for short term trade. If you are willing to sit on the sidelines there is a massive gap with almost 100% upside just above the $100 region.
Specialized gap traders dream of those opportunities, so set your alerts and get ready to rally.
A golden cross is also imminent on the daily chart, which is the ultimate buy signal.
Short interest high at 21%, could help ignite a rally.
P/E ratio 14.44
Company profile
Stamps.com, Inc. engages in the provision of Internet-based mailing and shipping solutions. It enables small businesses, enterprises, and online retailers to print U.S. Postal Service-approved postage. It operates under following segments: Stamps.com and MetaPack. The Stamps.com segment derives revenue from external customers from offering postage online and shipping software solutions offered to consumers, small businesses, e-commerce shippers, enterprise mailers, and high volume shippers. The MetaPack segment consists of the operations of MetaPack which derives revenues from external customers from offering multi-carrier enterprise-level shipping software solutions to large e-commerce retailers and brands. The company was founded by James Alastair Campbell McDermott, Jeff Green and Air R. Engelberg in September 1996 and is headquartered in El Segundo, CA.