Ceridian HCM (NYSE:CDAY) Reaches New 52-Week Low at $54.62
Ceridian HCM (NYSE:CDAY) reached a new 52-week low of $0.62 during trading, closing at $0.09 with substantial trading volume. The company’s stock performance has seen a 13.68% increase over the past month. Institutional investors have recently increased their holdings, indicating potential future interest. Ceridian HCM provides cloud-based human capital management software, namely Dayforce and Powerpay. Despite a "Moderate Buy" rating from analysts, other stocks are recommended as better investments.
Ceridian HCM Holding Inc. (NYSE:CDAY - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $54.62 and last traded at $55.09, with a volume of 1269555 shares traded. The stock had previously closed at $54.66.
Ceridian HCM Price Performance
- Ceridian Forms Constructive Base; Stock Up 13.68% In Past Month
The company has a 50 day moving average price of $52.15 and a 200 day moving average price of $59.37. The firm has a market cap of $8.60 billion, a PE ratio of 1,822.00, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.
Institutional Investors Weigh In On Ceridian HCM
Hedge funds and other institutional investors have recently modified their holdings of the company. Strs Ohio raised its holdings in Ceridian HCM by 2.5% in the 4th quarter. Strs Ohio now owns 13,454 shares of the company's stock valued at $903,000 after acquiring an additional 324 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Ceridian HCM by 3.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 12,822 shares of the company's stock valued at $861,000 after acquiring an additional 392 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Ceridian HCM by 3.7% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,010 shares of the company's stock valued at $873,000 after acquiring an additional 461 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in Ceridian HCM by 58.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,398 shares of the company's stock valued at $94,000 after acquiring an additional 514 shares during the last quarter. Finally, Sound Income Strategies LLC raised its holdings in Ceridian HCM by 62.8% in the 2nd quarter. Sound Income Strategies LLC now owns 1,652 shares of the company's stock valued at $115,000 after acquiring an additional 637 shares during the last quarter.
About Ceridian HCM
(Get Free Report)- Analysts Expect Big Earnings Growth From These 3 Stocks
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.
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