Ceridian HCM (NYSE:CDAY) Trading Up 0.2% – Here’s Why

Ceridian HCM Holding Inc. (NYSE:CDAY)’s share price was up 0.2% on Thursday . The stock traded as high as $80.23 and last traded at $79.87. Approximately 1,509,923 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 1,312,424 shares. The stock had previously closed at $79.68.

Ceridian HCM Price Performance

The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $12.49 billion, a PE ratio of 2,666.33, a P/E/G ratio of 2.12 and a beta of 1.38. The company has a fifty day moving average price of $68.51 and a two-hundred day moving average price of $59.19.

Institutional Trading of Ceridian HCM

A hedge fund recently raised its stake in Ceridian HCM stock. Tidal Investments LLC increased its position in Ceridian HCM Holding Inc. (NYSE:CDAY) by 12.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 7,597 shares of the company’s stock after purchasing an additional 869 shares during the period. Tidal Investments LLC’s holdings in Ceridian HCM were worth $503,000 at the end of the most recent quarter.

About Ceridian HCM

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.