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Pre-Market Pulse on Business Equipment Stocks -- VeriFone Systems, Pitney Bowes, Avery Dennison, and SteelcaseNEW 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: http://stock-callers.com/registration 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 onAVY 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. 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