Automatic Data Processing Inc. (ADP) Dips 3.02% for January 03

Equities Staff  |

Among the S&P 500’s biggest fallers on Thursday January 03 was Automatic Data Processing Inc. (ADP). The stock experienced a 3.02% decline to $126.21 with 3.81 million shares changing hands.

Automatic Data Processing Inc. started at an opening price of 128.51 and hit a high of $129.30 and a low of $126.06. Ultimately, the stock took a hit and finished the day at $3.93 per share. Automatic Data Processing Inc. trades an average of n/a shares a day out of a total 437.73 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Automatic Data Processing Inc. hit a high of $153.51 and a low of $107.61 over the last year.

ADP competes in the human resources administration services industry. It provides services that satisfy companies' human resources needs, such as payroll processing and benefits administration. ADP was founded in 1949 and has its headquarters in Roseland, New Jersey. It serves more than 650,000 clients and has 57,000 employees worldwide.

With its headquarters located in Roseland, NJ, Automatic Data Processing Inc. employs 57,000 people. After today’s trading, the company’s market cap has fallen to $55.25 billionAs for its value, has a P/E ratio of <33.1, a P/S of 4.2, a P/B of 11.81, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Automatic Data Processing Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ADP’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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