Ceridian HCM (NYSE:CDAY) Shares Down 0.1% – Time to Sell?

Ceridian HCM Holding Inc. (NYSE:CDAY) was down 0.1% on Friday . The stock traded as low as $63.02 and last traded at $63.89. Approximately 750,281 shares were traded during trading, a decline of 43% from the average daily volume of 1,312,424 shares. The stock had previously closed at $63.96.

Ceridian HCM Stock Performance

The company has a 50 day moving average of $58.41 and a two-hundred day moving average of $56.51. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $10.15 billion, a PE ratio of 2,166.67, a PEG ratio of 2.12 and a beta of 1.38.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Sound Income Strategies LLC grew its holdings in Ceridian HCM by 238.3% in the first quarter. Sound Income Strategies LLC now owns 1,015 shares of the company’s stock worth $67,000 after purchasing an additional 715 shares during the period. Mather Group LLC. purchased a new position in Ceridian HCM during the first quarter valued at $94,000. Tidal Investments LLC raised its stake in Ceridian HCM by 12.9% during the first quarter. Tidal Investments LLC now owns 7,597 shares of the company’s stock valued at $503,000 after buying an additional 869 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Ceridian HCM by 3.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,822 shares of the company’s stock worth $861,000 after acquiring an additional 392 shares during the last quarter. Finally, American International Group Inc. increased its holdings in shares of Ceridian HCM by 1.8% during the fourth quarter. American International Group Inc. now owns 41,969 shares of the company’s stock valued at $2,817,000 after acquiring an additional 748 shares in the last quarter.

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.