Shares of Paychex (PAYX) Sees Large Inflow of Net Money Flow

Paychex (PAYX): $8.39 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.57. The value of trades done on upticks was $23.21 million, whereas, trades done on downticks were valued at $14.82 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 $10.45 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $2.36 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 4.43 was strongly in favor of the bulls. The money flow in block trades was $8.09 million. Paychex (PAYX) fell $0.16 traded at $60.76, a change of -0.26% over the previous day. The stock is -0.93% for the week.


Paychex, Inc. is up 14.66% in the last 3-month period. Year-to-Date the stock performance stands at 16.85%. Paychex, Inc. has dropped 0.78% in the last five trading days, however, the shares have posted positive gains of 10.67% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Vossler Jennifer R., officer (VP/Controller) of Paychex Inc, had unloaded 12,000 shares at an average price of $61.05 in a transaction dated on July 14, 2016. The total value of the transaction was worth $732,600.

Paychex (NASDAQ:PAYX): On Mondays trading session , Opening price of the stock was $60.79 with an intraday high of $61.13. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $60.645. However, the stock managed to close at $60.76, a loss of 0.26% for the day. On the previous day, the stock had closed at $60.92. The total traded volume of the day was 1,699,139 shares.

Paychex, Inc., is a provider of integrated payroll, human Resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses. The Company focuses on providing payroll and human Resource services; delivering these services; growing its client base, through the efforts of its direct sales force; improving client service, through its leading-edge technology; capitalizing on the growth opportunities within its existing client base and from new clients; investing in business through expansion of its services and product offerings; and supplementing its growth through strategic acquisitions. The Company offers services and products that allow its clients to meet their diverse payroll and human Resource needs. These include: payroll processing; payroll tax administration services; employee payment services; regulatory compliance services; Paychex HR Services; retirement services administration; insurance services; and online HR administration services.

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