$1.24M in average volume shows that Paycor HCM Inc (PYCR) is heading in the right direction

Paycor HCM Inc (NASDAQ: PYCR) kicked off on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $12.84. Over the past 52 weeks, PYCR has traded in a range of $10.92-$27.50.

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Technology Sector giant saw their annual sales surged by 17.63% over the last five years. While this was happening, its average annual earnings per share was recorded 26.02%. With a float of $80.38 million, this company’s outstanding shares have now reached $176.54 million.

The firm has a total of 2800 workers. Let’s measure their productivity.

Paycor HCM Inc (PYCR) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Paycor HCM Inc is 54.90%, while institutional ownership is 45.96%. The most recent insider transaction that took place on Apr 04 ’24, was worth 28,994. In this transaction an insider of this company sold 1,577 shares at a rate of $18.39, taking the stock ownership to the 107,581 shares. Before that another transaction happened on Apr 04 ’24, when Company’s Director sold 1,508 for $18.30, making the entire transaction worth $27,595. This insider now owns 18,480 shares in total.

Paycor HCM Inc (PYCR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 26.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.72% during the next five years compared to 2.84% growth over the previous five years of trading.

Paycor HCM Inc (NASDAQ: PYCR) Trading Performance Indicators

Take a look at Paycor HCM Inc’s (PYCR) current performance indicators. Last quarter, stock had a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.63. Likewise, its price to free cash flow for the trailing twelve months is 34.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.54 in one year’s time.

Technical Analysis of Paycor HCM Inc (PYCR)

Analysing the last 5-days average volume posted by the [Paycor HCM Inc, PYCR], we can find that recorded value of 1.52 million was better than the volume posted last year of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 93.02%. Additionally, its Average True Range was 0.48.

During the past 100 days, Paycor HCM Inc’s (PYCR) raw stochastic average was set at 17.78%, which indicates a significant decrease from 90.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.13% in the past 14 days, which was lower than the 40.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.02, while its 200-day Moving Average is $19.01. Now, the first resistance to watch is $12.99. This is followed by the second major resistance level at $13.13. The third major resistance level sits at $13.31. If the price goes on to break the first support level at $12.67, it is likely to go to the next support level at $12.49. Should the price break the second support level, the third support level stands at $12.35.

Paycor HCM Inc (NASDAQ: PYCR) Key Stats

The company with the Market Capitalisation of 2.29 billion has total of 178,210K Shares Outstanding. Its annual sales at the moment are 552,690 K in contrast with the sum of -93,220 K annual income. Company’s last quarter sales were recorded 187,020 K and last quarter income was 6,190 K.