Pre-Market Pulse on Business Equipment Stocks -- VeriFone Systems, Pitney Bowes, Avery Dennison, and Steelcase

Jun 23, 2016, 08:40 ET from Chelmsford Park SA

NEW YORK, June 23, 2016 /PRNewswire/ --

On Wednesday, June 22, 2016, the NASDAQ Composite ended the trading session at 4,833.32, down 0.22%; the Dow Jones Industrial Average edged 0.27% lower to finish at 17,780.83; and the S&P 500 closed at 2,085.45, down 0.17%. Stock-Callers.com has initiated coverage on the following equities: VeriFone Systems Inc. (NYSE: PAY), Pitney Bowes Inc. (NYSE: PBI), Avery Dennison Corporation (NYSE: AVY), and Steelcase Inc. (NYSE: SCS). Learn more about these stocks by accessing their free trade alerts at:

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On Wednesday, shares in VeriFone Systems Inc. which designs, manufactures, markets, and supplies electronic payment solutions at the point of sale (POS) worldwide, ended the session 4.26% higher at $19.34 with a total volume of 7.19 million shares traded. Shares of the Company traded at a PE ratio of 29.71. The stock is trading 25.35% below its 50-day moving average. Moreover, shares of VeriFone Systems have a Relative Strength Index (RSI) of 26.43. Sign up and read the free notes on PAY at:

http://stock-callers.com/registration/?symbol=PAY

On Wednesday, shares in Pitney Bowes Inc. which provides technology products and solutions in the U.S. and internationally, ended the day 0.61% lower at $17.92 with a total volume of 1.15 million shares traded. Shares of the Company traded at a PE ratio of 9.42. The Company's shares have advanced 1.50% in the last one month. The stock is trading below its 50-day moving average by 6.35%. Furthermore, shares of Pitney Bowes have an RSI of 33.80. The complimentary notes on PBI can be downloaded in PDF format at:

http://stock-callers.com/registration/?symbol=PBI

Avery Dennison Corp. produces and sells pressure-sensitive materials worldwide. The stock finished Wednesday's session 0.04% higher at $76.36 with a total volume of 620,225 shares traded. Over the last one month and the previous three months, the Company's shares have advanced 4.54% and 7.62%, respectively. Furthermore, the Company's stock has surged 25.72% in the past one year. The stock is trading above its 50-day and 200-day moving averages by 2.69% and 16.20%, respectively. Avery Dennison's stock has an RSI of 58.07. Register for free on Stock-Callers.com and access the latest research on AVY at:

http://stock-callers.com/registration/?symbol=AVY

Steelcase Inc.'s stock edged 0.87% lower to close the day at $14.73. The stock recorded a trading volume of 1.11 million shares, which was above its three months average volume of 661,130 shares. The stock is trading 4.20% below its 50-day moving average. Additionally, Steelcase's stock has an RSI of 30.91. The Company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Get free access to your trade alert on SCS at:

http://stock-callers.com/registration/?symbol=SCS

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