Paycom Software, Inc. (PAYC) in Focus: Stock Surges 19.3% – Tale of the Tape

Zacks

Paycom Software, Inc. (PAYC) was a big mover last session, as the company saw its shares surge by over 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 42.1% since Oct 9, 2014.

This application software company has seen three positive revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Paycom Software. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Paycom Software currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Investors interested in the same industry may consider other stocks like Attunity, Ltd. (ATTU), DTS Inc. (DTSI) and Qualys, Inc. (QLYS), each sporting a Zacks Rank #1 (Strong Buy).

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