Shares of Automatic Data Processing Inc. (NASDAQ:ADP) traded at a new 52-week high today of $249.95. Approximately 133.9 million shares have changed hands today, as compared to an average 30-day volume of 2 million shares.
Over the past year, Automatic Data Processing Inc. has traded in a range of $84.38 to $248.96 and is now at $238.59.
Automatic Data Processing Inc. (NASDAQ:ADP) is currently priced 6.2% above its average consensus analyst price target of $223.74.
ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 920,000 clients primarily in the United States. ADP’s employer services segment offers payroll, HCM solutions, HR outsourcing, insurance and retirement services. The smaller but faster-growing PEO segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model.
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