Expert Briefing on Business Equipment Stocks — Pitney Bowes, VeriFone Systems, Steelcase, and Avery Dennison

NEW YORK, NY / ACCESSWIRE / February 10, 2016 / Park Lane Advisor has initiated coverage on the following equities: Pitney Bowes Inc. (NYSE: PBI), VeriFone Systems Inc. (NYSE: PAY), Steelcase Inc. (NYSE: SCS), and Avery Dennison Corporation (NYSE: AVY). Free note on Pitney Bowes can be accessed at http://www.parklaneadvisor.com/ On Tuesday, February 09, 2016, the NASDAQ Composite ended at 4,268.76, down 0.35%, the Dow Jones Industrial Average edged 0.08% lower, to finish the day at 16,014.38, and the S&P 500 closed at 1,852.21, down 0.07%. Register for your complimentary reports at the links given below.

On Tuesday, shares in Pitney Bowes Inc. ended the session 0.95% lower at $16.66. The stock reported a trading volume of 2.51 million shares, above its three months average volume of 1.75 million shares. Shares of the company traded at a PE ratio of 8.33. The company is trading 14.80% below its 50-day moving average and 18.78% below its 200-day moving average. Moreover, shares of Pitney Bowes Inc. have a Relative Strength Index (RSI) of 32.84. Sign up and read the free notes on PBI at:

http://www.parklaneadvisor.com/

VeriFone Systems Inc.’s stock lost 4.74%, to close the day at $20.71. The stock recorded a trading volume of 1.16 million shares, below its three months average volume of 1.35 million shares. The company’s shares are trading 19.40% below their 50-day moving average. Additionally, VeriFone Systems Inc. traded at a PE ratio of 30.46 and has an RSI of 30.49. The complimentary notes on PAY can be downloaded in PDF format at:

http://www.parklaneadvisor.com/

On Tuesday, shares in Steelcase Inc. recorded a trading volume of 1.07 million shares, higher than their three months average volume of 0.97 million shares. The stock ended the day 0.57% lower at $12.19. Shares of the company traded at a PE ratio of 13.40. The company is trading below its 50-day and 200-day moving averages by 20.79% and 30.05%, respectively. Furthermore, shares of Steelcase Inc. have an RSI of 32.24. Register for free on Park Lane Advisor and access the latest research on SCS at:

http://www.parklaneadvisor.com/

Avery Dennison Corp.’s stock finished Tuesday’s session 2.54% higher at $62.89. A total of 1.55 million shares were traded, which was above its three months average volume of 0.86 million shares. Over the last one month and the previous one year, Avery Dennison Corp.’s shares have gained 5.36% and 23.98%, respectively, but the stock has fallen by 2.84% in the past three months. The company’s shares are trading above their 50-day and 200-day moving averages by 1.10% and 3.63%, respectively. Avery Dennison Corp.’s stock traded at a PE ratio of 21.32 and has an RSI of 55.37. The complete research on AVY is available for free at:

http://www.parklaneadvisor.com/

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