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Technical Insights on Business Equipment Stocks -- Avery Dennison, Pitney Bowes, Steelcase, and VeriFone Systems
[September 13, 2017]

Technical Insights on Business Equipment Stocks -- Avery Dennison, Pitney Bowes, Steelcase, and VeriFone Systems

NEW YORK, September 13, 2017 /PRNewswire/ --

If you want a Stock Review on AVY, PBI, SCS, or PAY then come over to and sign up for your free customized report today. On Tuesday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.34%; the Dow Jones Industrial Average edged 0.28% higher; and the S&P 500 was up 0.34%. US markets made broad based gains with seven out of nine sectors finishing the day in green. Pre-market today, reviews these four Business Equipment stocks: Avery Dennison Corp. (NYSE: AVY), Pitney Bowes Inc. (NYSE: PBI), Steelcase Inc. (NYSE: SCS), and VeriFone Systems Inc. (NYSE: PAY). Access's free research reports for this morning's stocks line-up at:

Avery Dennison

Glendale, California headquartered Avery Dennison Corp.'s stock finished Tuesday's session 1.11% higher at $95.23. A total volume of 524,045 shares was traded. The Company's shares have advanced 11.41% over the previous three months, 24.83% in the last twelve months, and 35.62% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.54% and 15.33%, respectively. Furthermore, shares of Avery Dennison, which produces and sells pressure-sensitive materials worldwide, have a Relative Strength Index (RSI) of 59.15. Free research report on AVY is available at:

Pitney Bowes 

Shares in Stamford, Connecticut headquartered Pitney Bowes Inc. ended at $12.73, up 0.08% from the last trading session. The stock recorded a trading volume of 3.52 million shares, which was above its three months average volume of 1.66 million shares. The Company's shares have gained 0.39% in the last one month. The stock is trading below its 50-day moving average by 8.30%. Moreover, shares of Pitney Bowes, which offers customer information management, location intelligence, and customer engagement technology products and solutions in the US and internationally, have an RSI of 40.31. The complimentary research report on PBI can be downloaded at:


Grand Rapids, Michigan headquartered Steelcase Inc.'s stock ended yesterday's session 0.73% higher at $13.75 with a total trading volume of 670,070 shares. The Company's shares have advanced 3.38% in the past month. The stock is trading above its 50-day moving average by 2.14%. Additionally, shares of Steelcase which manufactures and sells integrated portfolio of furniture settings, user-centered technologies, and interior architectural products, have an RSI of 60.64.

On September 01st, 2017, research firm Sidoti upgraded the Company's stock rating from 'Neutral' to 'Buy'. Visit us today and access our complete research report on SCS at:

VeriFone Systems 

On Tuesday, shares in San Jose, California headquartered VeriFone Systems Inc. recorded a trading volume of 2.32 million shares, which was above their three months average volume of 1.70 million shares. The stock finished the day 3.00% higher at $21.31. The Company's shares have advanced 14.88% in the last one month, 16.77% in the previous three months, 28.92% over the last twelve months, and 20.19% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 11.12% and 14.84%, respectively. Furthermore, shares of VeriFone Systems, which provides payments and commerce solutions at the point of sale worldwide, have an RSI of 78.30.

On September 12th, 2017, research firm Bank of America/ Merrill initiated an 'Underperform' rating on the Company's stock, with a target price of $19 per share. Get free access to your research report on PAY at:


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