Galaxy Payroll Group Limited (NASDAQ:GLXG – Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 7,403 shares, a decrease of 63.9% from the March 31st total of 20,534 shares. Based on an average daily trading volume, of 15,167 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings lowered Galaxy Payroll Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Get Our Latest Analysis on GLXG
Galaxy Payroll Group Trading Down 9.2%
About Galaxy Payroll Group
Galaxy Payroll Group, Inc (NASDAQ: GLXG) is a provider of payroll and human capital management services designed for small and mid-sized businesses in the United States. Utilizing a combination of proprietary technology and dedicated payroll professionals, the company delivers solutions aimed at streamlining payroll operations, mitigating compliance risk and reducing administrative workload for its clients.
The company’s service offerings encompass cloud-based payroll processing, automated tax filing and reporting, garnishment administration, and comprehensive compliance management.
Further Reading
Receive News & Ratings for Galaxy Payroll Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galaxy Payroll Group and related companies with MarketBeat.com's FREE daily email newsletter.
