Automatic Data Processing Becomes Oversold Wednesday, October 1, 12:11 PM ET, by Market News Video Staff The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
In trading on Wednesday, shares of Automatic Data Processing Inc. (NASDAQ:ADP) crossed below their 200 day moving average of $50.49, changing hands as low as $49.12 per share. Automatic Data Processing Inc. shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average:
Looking at the chart above, ADP's low point in its 52 week range is $41.36 per share, with $55.12 as the 52 week high point — that compares with a last trade of $49.12.
ADP operates in the Information Technology Services sector, among companies like Yucheng Technologies Ltd (YTEC) which is off about 1.3% today, and Tier Technologies, Inc. (TIER) trading higher by about 1.4%. Below is a three month price history chart comparing the stock performance of ADP, versus YTEC and TIER.
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