Paycom Software (PAYC) : Traders are bullish on Paycom Software (PAYC) as it has outperformed the S&P 500 by a wide margin of 4.81% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.92%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.85% in the last 1 week, and is up 8.33% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.96% and the 50-Day Moving Average is 9.61%. Paycom Software, Inc. is up 23.55% in the last 3-month period. Year-to-Date the stock performance stands at 25.46%.
Paycom Software (NYSE:PAYC): On Fridays trading session , Opening price of the stock was $47.73 with an intraday high of $47.74. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.5. However, the stock managed to close at $47.21, a loss of 0.99% for the day. On the previous day, the stock had closed at $47.68. The total traded volume of the day was 952,987 shares.
Paycom Software, Inc. is a provider of cloud-based HCM software solution delivered as SaaS. The Companys solution requires no customization and is -based on a core system of record maintained in a single database for all HCM functions. Talent acquisition includes applicant tracking, candidate tracker, background checks, on-boarding, e-verify and tax credit services. Time and labor management includes time and attendance, scheduling/schedule exchange, time-off requests, labor allocation and labor management reports/push reporting. Payroll includes payroll and tax management, Paycom pay, expense management and garnishment management. Talent management includes employee self-service, compensation budgeting, performance management, executive dashboard and Paycom learning. Human resources management includes document and task management, government and compliance, benefits administration, COBRA administration, personnel action forms, surveys and ACA dashboard.