Shares of Automatic Data Processing (ADP) Sees Large Outflow of Money

Automatic Data Processing (ADP) : The value of composite uptick trades was $14.77 million, whereas, the value of composite downtick trades was $21.02 million. The uptick to downtick ratio stood at 0.7 with a negative money flow of ($6.26) Million during Mondays trading session. The block trades money flow was negative ($4.87 million).The uptick to the downtick ratio of 0.44 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $3.84 million. The transaction of the trades on downticks amounted to $8.71 million, which confirms investors selling on the strength of price. Automatic Data Processing (ADP) gained 22 cents at $90.35, an increase of 0.24% over the previous days close.


Shares of Automatic Data Processing, Inc. appreciated by 1.02% during the last five trading days but lost 4.95% on a 4-week basis. Automatic Data Processing, Inc. is up 4.85% in the last 3-month period. Year-to-Date the stock performance stands at 7.97%.

Automatic Data Processing (NASDAQ:ADP): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $90.48 and $90.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $90.66. The buying momentum continued till the end and the stock did not give up its gains. It closed at $90.35, notching a gain of 0.24% for the day. The total traded volume was 919,296 . The stock had closed at $90.13 on the previous day.

In a related news,The officer (Corp. VP) of Automatic Data Processing Inc, Dyson Deborah L sold 898 shares at $88.06 on August 1, 2016. The Insider selling transaction had a total value worth of $79,078. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Automatic Data Processing, Inc. (ADP) is a provider of human capital management (HCM) solutions and business process outsourcing. The Company operates through two segments: Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers a range of business outsourcing and technology-enabled HCM solutions. These offerings include payroll services, benefits administration, recruiting and talent management, human resources management, insurance services, retirement services and payment and compliance solutions. The Companys PEO business, ADP TotalSource, offers small and mid-sized businesses human resources (HR) outsourcing solution through a co-employment model. ADP TotalSource includes HR management and employee benefits functions, including HR administration, employee benefits and employer liability management, into a single-source solution, including HR administration, employee benefits and employer liability management.

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