The Relative Strength ( RS ) Rating for Paylocity ( PCTY ) jumped into a higher percentile Tuesday, as it got a lift from 68 to 76.
[ibd-display-video id=2102289 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Paylocity can continue to rebound and clear that threshold.
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Paylocity is not currently near a potential buy zone. See if the stock goes on to form a base that could launch a new move.
Earnings growth increased last quarter from 0% to 114%. But revenue gains fell from 27% to 25%.
Paylocity holds the No. 15 rank among its peers in the Computer Software-Enterprise industry group. Ebix ( EBIX ), ServiceNow ( NOW ) and CommerceHub ( CHUBK ) are among the top 5 highly rated stocks within the group.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
