Stock price performance of Paylocity Holding Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 4.42% 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 -18.12% . Looking at the past 52 week period, the stock price is up at 10.21% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Paylocity Holding Corporation has a negative value of -8.34 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.78% and the 50-Day Moving Average is 2.2%.The 200 Day SMA reached 19.18%
Paylocity Holding Corporation is having a Relative Strength Index of 64.6 which indicates the stock is not yet over sold or over bought based on the technical indicators. Paylocity Holding Corporation (NASDAQ:PCTY) has climbed 10.1% in the past week and advanced 11.62% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 9.97% and the outperformance has advanced to 10.62% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Peter J Mcgrail (Chief Financial Officer) sold 5,000 shares at 34.28 per share price.On Nov 10, 2016, Steven R Beauchamp (President and CEO) sold 60,000 shares at 37.42 per share price.On Aug 16, 2016, Michael R Haske (Senior VP of Sales & Marketing) sold 100,000 shares at 45.60 per share price.
Paylocity Holding Corp Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.03. The company had revenue of $68.70 million for the quarter, compared to analysts expectations of $66.73 million. The companys revenue was up 24.5% 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.Paylocity Holding Corp was Upgraded by BofA/Merrill to Buy on Feb 3, 2017. Paylocity Holding Corp was Reiterated by Needham on Feb 3, 2017 to Buy, Lowers Price Target to $ 40 from a previous price target of $58 .Paylocity Holding Corp was Initiated by Oppenheimer to Perform on Dec 2, 2016.
Paylocity Holding Corporation (NASDAQ:PCTY) : On Friday heightened volatility was witnessed in Paylocity Holding Corporation (NASDAQ:PCTY) which led to swings in the share price. The stock opened for trading at $34.77 and hit $35.9 on the upside , eventually ending the session at $34.98, with a gain of 16.91% or 5.06 points. The heightened volatility saw the trading volume jump to 1,873,297 shares. The 52-week high of the share price is $49.65 and the company has a market cap of $1,799 million. The 52-week low of the share price is at $24.0001 .
Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations. It offers Paylocity Web Pay, Paylocity HR, Paylocity Impressions, Performance Management, Self-Service HR Portals, Paylocity Web Time and Paylocity Web Benefits. Paylocity Holding Corporation is headquartered in Arlington Heights, Illinois.