Stock price performance of Paycom Software, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 10.77% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -6.1% . Looking at the past 52 week period, the stock price is up at 73.48% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Paycom Software, Inc. has a positive value of 27.78 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 2.51% and the 50-Day Moving Average is 7.03%.The 200 Day SMA reached 8.17%
Paycom Software, Inc. is having a Relative Strength Index of 45.65 which indicates the stock is not yet over sold or over bought based on the technical indicators. Paycom Software, Inc. (NYSE:PAYC) has tumbled 6.54% during the past week and has dropped 3.16% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 6.65%. Paycom Software, Inc. (NYSE:PAYC) has underperformed the index by 4.02% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Chad R. Richison (CEO) purchased 25,000 shares at 45.73 per share price.On Nov 17, 2016, Larry V Parman (director) purchased 250 shares at 41.82 per share price.On Nov 15, 2016, Frederick C Ii Peters (director) purchased 1,000 shares at 41.24 per share price.
Paycom Software Inc Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.12. The company had revenue of $77.30 million for the quarter, compared to analysts expectations of $76.71 million. The companys revenue was up 39.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Paycom Software Inc was Downgraded by Pacific Crest to Sector Weight on Jan 30, 2017. Paycom Software Inc was Initiated by Oppenheimer to Outperform on Dec 2, 2016.
Paycom Software, Inc. (NYSE:PAYC) : On Friday heightened volatility was witnessed in Paycom Software, Inc. (NYSE:PAYC) which led to swings in the share price. The stock opened for trading at $45.22 and hit $47.45 on the upside , eventually ending the session at $45.99, with a gain of 3.77% or 1.67 points. The heightened volatility saw the trading volume jump to 2,075,098 shares. The 52-week high of the share price is $52.93 and the company has a market cap of $2,765 million. The 52-week low of the share price is at $22.42 .
Paycom Software, Inc. is a provider of a cloud-based human capital management software solution delivered as Software-as-a-Service. It provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Its HCM solution offers a suite of applications in the areas of talent acquisition, time and labor management, and payroll. The companys HCM solution also provides talent management applications, and HR management applications. Paycom Software, Inc. is headquartered in Oklahoma City, Oklahoma.