Shares of Paycom Software (PAYC) Sees Large Inflow of Net Money Flow

Paycom Software (PAYC): $2.19 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.42. The value of trades done on upticks was $7.44 million, whereas, trades done on downticks were valued at $5.25 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 $2.54 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.22 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.07 was strongly in favor of the bulls. The money flow in block trades was $1.31 million. Paycom Software (PAYC) fell $0.6 traded at $50.48, a change of -1.18% over the previous day. The stock is 0.98% for the week.


Shares of Paycom Software, Inc. appreciated by 5.32% during the last five trading days but lost 1.39% on a 4-week basis. Paycom Software, Inc. is up 21.18% in the last 3-month period. Year-to-Date the stock performance stands at 34.12%.

Paycom Software (PAYC) : The consensus on Paycom Software (PAYC) based on 7 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Paycom Software (NYSE:PAYC): stock was range-bound between the intraday low of $50.01 and the intraday high of $51.11 after having opened at $51 on Wednesdays session. The stock finally closed in the red at $51, a loss of -1.19%. The stock remained in the red for the whole trading day. The total traded volume was 463,477 shares. The stock failed to cross $51.11 in Wednesdays trading. The stocks closing price on Thursday was $51.08.

Paycom Software, Inc. is a provider of cloud-based HCM software solution delivered as SaaS. The Companys solution requires no customization and is -based on a core system of record maintained in a single database for all HCM functions. Talent acquisition includes applicant tracking, candidate tracker, background checks, on-boarding, e-verify and tax credit services. Time and labor management includes time and attendance, scheduling/schedule exchange, time-off requests, labor allocation and labor management reports/push reporting. Payroll includes payroll and tax management, Paycom pay, expense management and garnishment management. Talent management includes employee self-service, compensation budgeting, performance management, executive dashboard and Paycom learning. Human resources management includes document and task management, government and compliance, benefits administration, COBRA administration, personnel action forms, surveys and ACA dashboard.

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