Alert: Major Price Decline (12/18/24)-Paycom Software Inc (NYSE: PAYC).

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Paycom Software Inc (NYSE: PAYC) stock closed at $209.49 on 12/18/24 after a major decline of -10.1%. Moreover, this decline was accompanied by unusually high trading volume at 172% of normal. The stock has declined -11.1% during the last week but has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Paycom Software has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Paycom Software has a slightly negative Appreciation Score of 33 but a good Power Rating of 73, with the Neutral Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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