Tag: Steelcase

  • Business Equipment Stocks: Pitney Bowes (NYSE:PBI), VeriFone Systems (NYSE:PAY), Avery Dennison Corp (NYSE:AVY), Steelcase Inc. (NYSE:SCS)

    Pitney Bowes Inc. (NYSE:PBI) announced the early tender results as of 5:00 p.m., New York City Time, on March 17, 2014 (the “Early Tender Date”). Pitney Bowes Inc. (NYSE:PBI) shares after opening at $25.75 moved to $26.06 on last trade day and at the end of the day closed at $25.24. Company price to sales ratio in past twelve months was calculated as 1.31 and price to cash ratio as 5.41. Pitney Bowes Inc. (NYSE:PBI) showed a negative weekly performance of -0.04%.

    Equities research analysts at Jefferies Group upped their price target on shares of VeriFone Systems (NYSE:PAY) from $34.00 to $38.00 in a research note issued to investors on Monday,American Banking & Market News reports. The firm currently has a “buy” rating on the stock. VeriFone Systems Inc (NYSE:PAY) shares fell -0.92% in last trading session and ended the day on $34.53. PAY return on equity ratio is recorded as -23.20% and its return on assets is -8.90%. VeriFone Systems Inc (NYSE:PAY) yearly performance is 63.88%.

    Avery Dennison Corp (NYSE:AVY) CFO Mitchell Butier unloaded 15,777 shares of the stock on the open market in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.53, for a total transaction of $797,211.81. Avery Dennison Corp (NYSE:AVY) shares moved up 0.55% in last trading session and was closed at $51.15 while trading in range of $50.97 – $51.55 – Avery Dennison Corp (NYSE:AVY) year to date (YTD) performance is 2.51%.

    Steelcase Inc. (NYSE:SCS) the global leader in the office furniture industry, has announced the company’s renewable energy investment is equivalent to 100% of its global electricity consumption. Steelcase Inc. (NYSE:SCS) weekly performance is 3.50%. On last trading day company shares ended up $14.80. Steelcase Inc. (NYSE:SCS) distance from 50-day simple moving average (SMA50) is 0.49%. Analysts mean target price for the company is $18.50.