Shares of Automatic Data Processing (ADP) Sees Large Inflow of Net Money Flow

Automatic Data Processing (ADP) : Automatic Data Processing (ADP) had a healthy money flow of $10.49 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $38.33 million, whereas, investors only sold shares worth $27.84 million on downticks. The stock closed the day with an up-down ratio of 1.38.The money flow in the block trades to the tune of $12.38 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $12.38 million worth of transactions were on upticks. Automatic Data Processing (ADP) stock slid $1.5 intraday and traded at 87.45, a change of -1.69% over previous days close. However, for the week, the company shares are -1.15% compared to previous weeks close.


Automatic Data Processing, Inc. has lost 1.61% in the last five trading days and dropped 1.81% in the last 4 weeks. Automatic Data Processing, Inc. has dropped 1.3% during the last 3-month period . Year-to-Date the stock performance stands at 5.12%.

Automatic Data Processing (ADP) : 4 brokerage houses believe that Automatic Data Processing (ADP) is a Strong Buy at current levels. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Automatic Data Processing (ADP). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 18 Wall Street Analysts endorse the stock as a Hold with a rating of 2.94.

Automatic Data Processing (NASDAQ:ADP): stock was range-bound between the intraday low of $87.11 and the intraday high of $89.09 after having opened at $89.09 on Wednesdays session. The stock finally closed in the red at $89.09, a loss of -1.69%. The stock remained in the red for the whole trading day. The total traded volume was 2,095,348 shares. The stock failed to cross $89.09 in Wednesdays trading. The stocks closing price on Thursday was $88.95.

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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