Large Inflow of Money Detected in The Ultimate Software Group

The Ultimate Software Group (ULTI): $0.2 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.67. The value of trades done on upticks was $0.5 million, whereas, trades done on downticks were valued at $0.3 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.1 million. The Ultimate Software Group (ULTI) fell $0.52 traded at $215.88, a change of -0.24% over the previous day. The stock is 0.04% for the week.


The stock has recorded a 20-day Moving Average of 3.58% and the 50-Day Moving Average is 6.81%. Shares have rallied 29.55% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $218.40 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $206.56 and the 200 Day Moving Average price is recorded at $188.04.

The Ultimate Software Group (NASDAQ:ULTI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $217.52 and $213.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $218.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $217.00, notching a gain of 0.28% for the day. The total traded volume was 211,518 . The stock had closed at $216.40 on the previous day.

In an insider trading activity,The director of Ultimate Software Group Inc, Fitzpatrick James A Jr sold 931 shares at $199.38 on April 28, 2016. The Insider selling transaction had a total value worth of $185,623. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

The Ultimate Software Group, Inc. is a cloud provider of people management solutions, referred to as human capital management (HCM). The Companys UltiPro product suite (UltiPro) is engaging solution that has human resources (HR), payroll, and benefits management and includes global people management, available in approximately 10 languages with over 35 country-specific localizations. Its solution includes feature sets for talent acquisition and onboarding, HR management and compliance, benefits management and online enrollment, payroll, performance management, compensation management with salary planning, budgeting, and development of incentive plans, succession management, reporting and analytical decision-making and predictive tools, and time and attendance. Its customers represent a variety of industries, including manufacturing, food services, sports, technology, finance, insurance, retail, real estate, transportation, communications, healthcare and other services.

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