Company Shares of Verifone Systems (NYSE:PAY) Rally 0.11%

Verifone Systems (NYSE:PAY) : During the past 4 weeks, traders have been relatively bearish on Verifone Systems (NYSE:PAY), hence the stock is down -6.99% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.16% relative to the S&P 500. The stock has risen by 0.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.49% in the past 4 weeks.

The company shares have dropped -44.29% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $34.34 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $21.63 and the 200 Day Moving Average price is recorded at $24.95.

The stock has recorded a 20-day Moving Average of 0.58% and the 50-Day Moving Average is 21.17%.


Verifone Systems (NYSE:PAY): stock turned positive on Friday. Though the stock opened at $18.3, the bulls momentum made the stock top out at $18.6128 level for the day. The stock recorded a low of $18.2 and closed the trading day at $18.58, in the green by 2.82%. The total traded volume for the day was 2,055,981. The stock had closed at $18.07 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Bhanot Alok, officer (EVP, Engineering & CTO) of Verifone Systems, Inc., had unloaded 994 shares at an average price of $28.74 in a transaction dated on December 29, 2015. The total value of the transaction was worth $28,568.

VeriFone Systems, Inc. (VeriFone), formerly VeriFone Holdings, Inc. is a holding company of VeriFone, Inc. The Company is engaged in the secure electronic payment solutions. Its system solutions consist of point of sale (POS) electronic payment devices that run its and third-party operating systems, security and encryption software, and certified payment software, as well as other third-party value-added applications. Its system solutions process a range of payment types. The Companys electronic payment systems are available in several modular configurations, offering its support to a range of connectivity options. The Company also offers customers technical support for installed payment systems, consulting services, and project management services for system deployment, and customization of integrated software solutions. It provides solutions, and services for the financial services, retail, petroleum, restaurant, hospitality, taxi, transportation, and healthcare markets.

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