Research Reports on Business Equipment Equities -- Pitney Bowes, VeriFone Systems, Avery Dennison, and Steelcase

NEW YORK, April 3, 2017 /PRNewswire/ --

Stock-Callers.com today shifts focus on the Business Equipment space, which includes companies that provide products from many sectors for business use, including office furniture, printers, security systems, and lighting. Under evaluation this morning are: Pitney Bowes Inc. (NYSE: PBI), VeriFone Systems Inc. (NYSE: PAY), Avery Dennison Corp. (NYSE: AVY), and Steelcase Inc. (NYSE: SCS). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Pitney Bowes  

Shares in Stamford, Connecticut headquartered Pitney Bowes Inc. ended Friday's session 0.85% higher at $13.11 with a total trading volume of 2.51 million shares. The stock is trading 3.78% below its 50-day moving average. Shares of the Company, which offers customer information management, location intelligence, and customer engagement technology products and solutions in the US and internationally, have a Relative Strength Index (RSI) of 52.98.

On March 30^th, 2017, Pitney Bowes announced that it will showcase its latest solutions for inbound and outbound parcel management at the Association of Legal Administrators 2017 Annual Conference & Expo from April 02^nd to April 05^th, 2017 in Denver. At booth #216, the Company's legal workflow experts will be demonstrating SendSuite Live and SendSuite Tracking Online, which can help law firms automate their processes for sending and receiving expedited mail and parcels. Free research report on PBI is available at:

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

VeriFone Systems  

San Jose, California headquartered VeriFone Systems Inc.'s shares saw a drop of 2.45%, closing the day at $18.73. A total volume of 1.90 million shares was traded, which was higher than their three months average volume of 1.80 million shares. The stock has advanced 6.36% in the previous three months and 5.64% on an YTD basis. The Company's shares are trading 4.20% above their 200-day moving average. Additionally, shares of VeriFone Systems, which provides payments and commerce solutions at the point of sale worldwide, have an RSI of 43.12.

On March 09^th, 2017, VeriFone Systems announced financial results for the three months ended January 31^st, 2017. GAAP net revenues were $454 million, non-GAAP net revenues were $457 million, GAAP net loss per diluted share was $0.15, non-GAAP net income per diluted share was $0.21, and operating cash flow was $45 million.

On March 27^th, 2017, research firm Tigress Financial initiated a 'Buy' rating on the Company's stock. The complimentary research report on PAY can be downloaded at:
http://stock-callers.com/registration/?symbol=PAY

Avery Dennison  

Last Friday, shares in Glendale, California headquartered Avery Dennison Corp. gained 0.15%, closing the session at $80.60. The stock recorded a trading volume of 644,217 shares. The Company's shares have advanced 14.72% over the previous three months and 15.37% on an YTD basis. The stock is trading 2.55% above its 50-day moving average and 7.79% above its 200-day moving average. Furthermore, shares of Avery Dennison, which produces and sells pressure-sensitive materials worldwide, have an RSI of 55.43.

On March 20^th, 2017, Avery Dennison announced that its board of directors has elected Gregory S. Lovins as Vice President and Interim Chief Financial Officer, effective immediately. As interim CFO, Mr. Lovins will lead the Company's finance function, including audit, financial reporting, investor relations, financial planning and analysis, tax, and treasury. He will also oversee the Company's information technology group. Visit us today and access our complete research report on AVY at:

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

Steelcase  

Grand Rapids, Michigan headquartered Steelcase Inc.'s stock finished the session 2.13% higher at $16.75. A total volume of 1.11 million shares was traded, which was above their three months average volume of 658,710 shares. The Company's shares have advanced 4.19% in the last month. The stock is trading above its 50-day and 200-day moving averages by 2.88% and 11.84%, respectively. Additionally, shares of Steelcase, which designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products, have an RSI of 54.55.

On March 21^st, 2017, Steelcase announced that Todd Kelsey, President and CEO of Plexus Corp., is joining the Company's Board of Directors. Kelsey's expertise in technology-driven business initiatives and experience guiding key strategies and policies for the creation of long-term shareholder value make him an exceptional addition to the group.

On March 23^rd, 2017, research firm Raymond James upgraded the Company's stock rating from 'Market Perform' to 'Strong Buy'. Get free access to your research report on SCS at:

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

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