Paycom Software, Inc. (PAYC) was a big mover last session, as the company saw its shares rise roughly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 11.2% in the past one month time frame.
The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Paycom Software currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the internet software industry is DreamSky Technology Limited (DSKY), sporting a Zacks Rank #1 (Strong Buy).
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