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Oct 25, 2017 10:50 PM ET

Business Equipment Stocks on Investors’ Radar — Avery Dennison, VeriFone Systems, Pitney Bowes, and Steelcase

Disclosure NewswireTM

iCrowdNewswire - Oct 25, 2017



If you want a Stock Review on AVY, PAY, PBI, or SCS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Tuesday, October 24, 2017, US markets saw broad based gains with six out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday’s session. The NASDAQ Composite ended the day at 6,598.43, up 0.18%; the Dow Jones Industrial Average edged 0.72% higher, to finish at 23,441.76; and the S&P 500 closed at 2,569.13, up 0.16%. This Wednesday morning, DailyStockTracker.com looks at the performance of these four Business Equipment stocks: Avery Dennison Corp. (NYSE: AVY), VeriFone Systems Inc. (NYSE: PAY), Pitney Bowes Inc. (NYSE: PBI), and Steelcase Inc. (NYSE: SCS). This morning’s free research reports on the aforesaid equities can be accessed upon registration on DailyStockTracker.com at:


Avery Dennison

On Tuesday, shares in Glendale, California headquartered Avery Dennison Corp. recorded a trading volume of 980,000 shares, which was above their three months average volume of 614.55 thousand shares. The stock ended the session 0.10% lower at $98.91. The Company’s shares have gained 30.32% in the past twelve months and 40.86% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.98% and 14.11%, respectively. Moreover, shares of the Company, which produces and sells pressure-sensitive materials worldwide, have a Relative Strength Index (RSI) of 48.45.

On September 29th, 2017, research firm Loop Capital initiated a ‘Hold’ rating on the Company’s stock, with a target price of $99 per share. Visit us today and download your complete report on AVY for free at:


VeriFone Systems 

San Jose, California headquartered VeriFone Systems Inc.’s stock closed the day 0.45% lower at $19.76 with a total trading volume of 802,161 shares. The Company’s shares have advanced 26.42% over the last twelve months and 11.45% since the start of this year. The stock is trading above its 200-day moving average by 4.00%. Additionally, shares of VeriFone Systems, which provides payments and commerce solutions at the point of sale worldwide, have an RSI of 40.80. The complimentary research report on PAY can be accessed at:


Pitney Bowes 

Shares in Stamford, Connecticut headquartered Pitney Bowes Inc. recorded a trading volume of 1.30 million shares. The stock ended yesterday’s trading session 0.78% higher at $14.24. The Company’s shares have advanced 5.40% in the past month. The stock is trading above its 50-day and 200-day moving averages by 7.51% and 0.99%, respectively. Furthermore, shares of the Company, which offers customer information management, location intelligence, and customer engagement technology products and solutions in the US and internationally, have an RSI of 66.64. Register for free on DailyStockTracker.com and download the research report on PBI at:



Grand Rapids, Michigan headquartered Steelcase Inc.’s stock finished Tuesday’s session flat at $14.70 with a total trading volume of 576,850 shares. The Company’s shares have advanced 6.91% over the previous three months. The stock is trading above its 50-day moving average by 3.13%. Additionally, shares of Steelcase, which manufactures and sells integrated portfolio of furniture settings, user-centered technologies, and interior architectural products, have an RSI of 46.16. Get free access to your research report on SCS at:


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Contact Information:

Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

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