Paycom Software Inc (NYSE:PAYC) currently has a daily average trading volume of 860.09K but it saw 1693005 shares traded in last market. With a market cap of 9.73B USD, the company’s current market price of $167.38 came rising about 0.35 while comparing to the previous closing price of $166.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $373.14 and as low as $139.50.
Taking a look at 20-day trading activity of Paycom Software Inc (PAYC) gives us an average price of $156.06, while its current price level is -55.14% below from 52-week high level whereas it is 19.99% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $152.46 while that of 200 days or SMA-200 reads an average of $183.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.78% during that period while stretching the period over a month that decreases to 3.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.79 which implies that the stock is in neutral territory.
Jefferies downgraded its recommendation for the stock as a “Hold” from “Buy” on January 05, 2024 while assigning a price target of $195. UBS also issued its recommendations for the stock as it initiated the price target for the stock is $235.
Over the week, PAYC’s stock price is moving 2.76% up while it is 17.73% when we observe its performance for the past one month. Year-to-date it is -19.03% down and over the past year, the stock is showing a downside performance of -54.86%.
Currently, Paycom Software Inc’s total number of outstanding shares is 56.53M. Company’s return on investment (ROI) stands at 32.59% and return on equity (ROE) at 33.81%. It has a price to earnings ratio (P/E ratio) of 20.39 while having a 19.19 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 6.58 while price to sale or P/S ratio amounts to 5.58. Its return on asset (ROA) is 10.44% on average.
