Automatic Data Processing Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Automatic Data Processing Inc. (ADP) inched 0.17% higher to $213.62 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. Automatic Data Processing Inc. closed $61.30 short of its 52-week high ($274.92), which the company achieved on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Oracle Corp. (ORCL) fell 0.14% to $87.78 and Accenture PLC Cl A (ACN) rose 7.26% to $271.66. Trading volume (1.9 M) remained 315,694 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 16:34 ET (20:34 GMT)
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