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

Automatic Data Processing (ADP) : Investors lapped up stocks on upticks to the tune of $22.33 million in the Mondays trading session. The trading value on downticks was comparatively at $13.62 million and the uptick to downtick ratio of 1.64 indicates continuous buying by the bulls. The net money flow into the stock was $8.71 million. Upticks saw transactions worth $10.36 clearly indicating buying by large investors. The total money flow for block trades stood at $10.36 million, which is a positive for the stock in the long-term. Automatic Data Processing (ADP) fell $0.13 during the day at $94.93, a drop of -0.14% over the previous days close. However, for the week, the stock is 0.49%, compared to the previous week.


Automatic Data Processing, Inc. is up 5.31% in the last 3-month period. Year-to-Date the stock performance stands at 13.44%. Automatic Data Processing, Inc. has dropped 0.22% in the last five trading days, however, the shares have posted positive gains of 7.84% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Siegmund Jan, officer (Corporate Vice President) of Automatic Data Processing Inc, had unloaded 3,292 shares at an average price of $95 in a transaction dated on July 11, 2016. The total value of the transaction was worth $312,740.

Automatic Data Processing (NASDAQ:ADP): On Mondays trading session , Opening price of the stock was $95.29 with an intraday high of $95.38. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $94.812. However, the stock managed to close at $94.93, a loss of 0.14% for the day. On the previous day, the stock had closed at $95.06. The total traded volume of the day was 879,741 shares.

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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