Ceridian HCM (NYSE:CDAY) Hits New 52-Week Low at $50.93

Ceridian HCM Holding Inc. (NYSE:CDAYGet Free Report) shares reached a new 52-week low on Friday . The company traded as low as $50.93 and last traded at $51.53, with a volume of 2062649 shares traded. The stock had previously closed at $51.66.

Ceridian HCM Stock Down 0.3 %

The stock has a market capitalization of $8.05 billion, a price-to-earnings ratio of 1,717.67, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. The business’s 50-day moving average is $59.26 and its two-hundred day moving average is $65.04. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.53.

Hedge Funds Weigh In On Ceridian HCM

A number of institutional investors and hedge funds have recently bought and sold shares of CDAY. Itau Unibanco Holding S.A. acquired a new position in Ceridian HCM during the third quarter worth about $36,000. Cary Street Partners Investment Advisory LLC acquired a new position in Ceridian HCM during the third quarter worth about $44,000. Desjardins Global Asset Management Inc. boosted its position in Ceridian HCM by 68.5% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 723 shares of the company’s stock worth $49,000 after acquiring an additional 294 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Ceridian HCM by 238.3% in the 1st quarter. Sound Income Strategies LLC now owns 1,015 shares of the company’s stock valued at $67,000 after purchasing an additional 715 shares during the last quarter. Finally, GAMMA Investing LLC acquired a new position in Ceridian HCM in the 4th quarter valued at about $81,000.

Ceridian HCM Company Profile

(Get Free Report)

Ceridian HCM Holding Inc, together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market.

Further Reading

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