Ultimate Software Group Inc. (ULTI) is Trading Lower on Unusual Volume for February 08

Equities Staff |

Ultimate Software Group Inc. (ULTI) experienced unusually high volume on Feb. 08, as the stock lost 7% to a closing price of $154.36. The stock saw 656,237 shares trade hands over the course of the day on 6,595 trades. Given that the stock’s average daily volume over the last month has been 334,974 shares a day, this represents a pretty substantial spike over the norm.

Ultimate Software Group Inc. has a P/B ratio of 13.41. It also has a P/E ratio of 218.4. The stock has traded between $216.27 and $155.17 over the last 52-weeks, its 50-day SMA is now $186.08, and its 200-day SMA $180.98.

Ultimate Software Group Inc is a provider of cloud-based human capital management. Its UltiPro software is a comprehensive, easy-to-use solution delivered over the Internet to organizations based in the United States and Canada.

Headquartered in Weston, FL, Ultimate Software Group Inc. has 2,354 employees and is currently under the leadership of CEO Scott Scherr.

For a complete fundamental analysis analysis of Ultimate Software Group Inc., check out Equities.com’s Stock Valuation Analysis report for ULTI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

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