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

Ceridian HCM Holding Inc. (NYSE:CDAY) was up 0.2% during mid-day trading on Thursday . The company traded as high as $80.23 and last traded at $79.87. Approximately 1,509,923 shares traded hands during 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 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 current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a fifty day simple moving average of $68.51 and a 200-day simple moving average of $59.19.

Institutional Trading of Ceridian HCM

A hedge fund recently raised its stake in Ceridian HCM stock. Tidal Investments LLC grew its holdings in shares of Ceridian HCM Holding Inc. (NYSE:CDAY) by 12.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,597 shares of the company’s stock after buying an additional 869 shares during the period. Tidal Investments LLC’s holdings in Ceridian HCM were worth $503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.