Paychex (PAYX) Shares are Up 0.14%

Paychex (PAYX) : During the past 4 weeks, traders have been relatively bearish on Paychex (PAYX), hence the stock is down -5.56% 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 -0.29% relative to the S&P 500. The stock has risen by 0.14% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.21% in the past 4 weeks.

Paychex (NASDAQ:PAYX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $59.02 and $58.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $59.36, notching a gain of 1.23% for the day. The total traded volume was 1,316,611 . The stock had closed at $58.64 on the previous day.

The stock has recorded a 20-day Moving Average of 1.01% and the 50-Day Moving Average is 3.85%. Paychex, Inc. is up 15.23% in the last 3-month period. Year-to-Date the stock performance stands at 15.04%.

Paychex (PAYX) : Currently there are 12 street experts covering Paychex (PAYX) stock. The most bullish and bearish price target for the stock is $63 and $40 respectively for the short term. The average price target of all the analysts comes to $51.33. The estimated standard deviation from the target is $7.56.


Paychex, Inc., is a provider of integrated payroll, human Resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses. The Company focuses on providing payroll and human Resource services; delivering these services; growing its client base, through the efforts of its direct sales force; improving client service, through its leading-edge technology; capitalizing on the growth opportunities within its existing client base and from new clients; investing in business through expansion of its services and product offerings; and supplementing its growth through strategic acquisitions. The Company offers services and products that allow its clients to meet their diverse payroll and human Resource needs. These include: payroll processing; payroll tax administration services; employee payment services; regulatory compliance services; Paychex HR Services; retirement services administration; insurance services; and online HR administration services.

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