Citigroup Downgrades Dayforce (TSE:DAY) to Hold

Dayforce (TSE:DAY) was downgraded by equities researchers at Citigroup from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Dayforce Stock Performance

Shares of DAY stock opened at C$94.84 on Wednesday. The company has a market cap of C$14.97 billion, a price-to-earnings ratio of 316.13 and a beta of 1.13. Dayforce has a 52 week low of C$68.46 and a 52 week high of C$115.57.

About Dayforce

Dayforce, Inc is a global human capital management (HCM) software company. The Company’s Dayforce, which is a flagship cloud HCM platform, provides a full suite of HCM functionality, including global human resources (HR), payroll and tax, workforce management, benefits, and talent intelligence functionality.