Deluxe Corporation (DLX) Moves Higher on Volume Spike for January 24


Deluxe Corporation (DLX) traded on unusually high volume on Jan. 24, as the stock
gained 2.36% to close at $44.31. On the day, Deluxe Corporation saw 1.39 million shares trade hands on 10,866 trades.
Considering that the stock averages only a daily volume of 477,772 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the
company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $78.31 and $36.70 over the last 52-weeks, its 50-day SMA is now $44.37, and its 200-day SMA $57.63. Deluxe Corporation
has a P/B ratio of 2.15. It also has a P/E ratio of 11.9.

Deluxe is a provider of customer life-cycle management solutions to small businesses and financial institutions. The company offers checks and check-related products, logo and web design, hosting and web services, search engine optimization, marketing programmes, digital printing services, printed forms such as deposit tickets and invoices, and office supplies. The small business services segment operates under the Deluxe, NEBS, Safeguard, PsPrint, Hostopia, Logo Mojo, Aplus.net, OrangeSoda, and VerticalResponse brands. The company operates primarily in North America.

Headquartered in Shoreview, MN, Deluxe Corporation has 5,119 employees and is currently under the leadership of CEO Lee J. Schram.

For a complete fundamental analysis analysis of Deluxe Corporation, check out Equities.com’s Stock Valuation Analysis report
for DLX
.

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To get more information on Deluxe Corporation and to follow the company’s latest updates, you can visit the company’s profile page here:
DLX’s Profile
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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