Ceridian HCM (NYSE:CDAY) Hits New 52-Week Low at $47.08

Ceridian HCM Holding Inc. (NYSE:CDAY) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $47.08 and last traded at $48.32, with a volume of 2737288 shares traded. The stock had previously closed at $48.46.

Ceridian HCM Price Performance

The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 1,633.00, a PEG ratio of 2.12 and a beta of 1.38. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.53. The company’s 50-day moving average price is $53.85 and its 200-day moving average price is $62.09.

Institutional Trading of Ceridian HCM

Several hedge funds have recently added to or reduced their stakes in CDAY. Desjardins Global Asset Management Inc. increased its stake in Ceridian HCM by 68.5% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 723 shares of the company’s stock valued at $49,000 after purchasing an additional 294 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of Ceridian HCM by 238.3% during the 1st quarter. Sound Income Strategies LLC now owns 1,015 shares of the company’s stock worth $67,000 after buying an additional 715 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of Ceridian HCM during the 4th quarter worth $81,000. Benjamin F. Edwards & Company Inc. lifted 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 purchasing an additional 514 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in Ceridian HCM in the 1st quarter valued at about $94,000.

Ceridian HCM Company Profile

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.