The Ultimate Software Group (ULTI) : Investors lapped up stocks on upticks to the tune of $10.94 million in the Mondays trading session. The trading value on downticks was comparatively at $9.19 million and the uptick to downtick ratio of 1.19 indicates continuous buying by the bulls. The net money flow into the stock was $1.75 million. Upticks saw transactions worth $3.22 clearly indicating buying by large investors. The total money flow for block trades stood at $3.22 million, which is a positive for the stock in the long-term. The Ultimate Software Group (ULTI) fell $0.16 during the day at $215.57, a drop of -0.07% over the previous days close. However, for the week, the stock is -0.11%, compared to the previous week.
The Ultimate Software Group, Inc. is up 10.89% in the last 3-month period. Year-to-Date the stock performance stands at 10.19%. The Ultimate Software Group, Inc. has dropped 0.94% in the last five trading days, however, the shares have posted positive gains of 4.69% in the last 4 weeks. In a related news, Fitzpatrick James A Jr, director of Ultimate Software Group Inc, unloaded 931 shares at an average price of $199.38 on April 28, 2016. The total amount of the transaction was worth $185,623, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
The Ultimate Software Group (NASDAQ:ULTI): On Mondays trading session , Opening price of the stock was $216.37 with an intraday high of $218.18. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $213.775. However, the stock managed to close at $215.43, a loss of 0.14% for the day. On the previous day, the stock had closed at $215.73. The total traded volume of the day was 195,946 shares.
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.