Today Automatic Data Processing (ADP) Hits New Lifetime High

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Trade-Ideas LLC identified Automatic Data Processing ( ADP) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Automatic Data Processing as such a stock due to the following factors:

  • ADP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $110.5 million.
  • ADP has traded 910,188 shares today.
  • ADP is trading at a new lifetime high.

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More details on ADP:

Automatic Data Processing, Inc., together with its subsidiaries, provides technology-based outsourcing solutions to employers, and vehicle retailers and manufacturers worldwide. The stock currently has a dividend yield of 2.3%. ADP has a PE ratio of 26.8. Currently there are 5 analysts that rate Automatic Data Processing a buy, 1 analyst rates it a sell, and 11 rate it a hold.

The average volume for Automatic Data Processing has been 1.1 million shares per day over the past 30 days. Automatic Data Processing has a market cap of $40.1 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 0.85 and a short float of 1.1% with 3.76 days to cover. Shares are up 3.2% year-to-date as of the close of trading on Tuesday.

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