Paylocity (PCTY) Hits New Lifetime High Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

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

  • PCTY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $7.7 million.
  • PCTY has traded 37,529 shares today.
  • PCTY is trading at a new lifetime high.

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More details on PCTY:

Paylocity Holding Corporation provides cloud-based payroll and human capital management (HCM) software solutions for medium-sized organizations in the United States. Currently there are 4 analysts that rate Paylocity a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Paylocity has been 198,400 shares per day over the past 30 days. Paylocity has a market cap of $1.4 billion and is part of the technology sector and computer software & services industry. Shares are up 9.1% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Paylocity as a sell. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share.

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