Ceridian HCM (NYSE:CDAY) Shares Down 0% - Here's What Happened

Key Points

• Ceridian HCM Holding Inc. shares saw a slight decline of 0% in trading, dropping from a previous close of $53.43 to a last traded price of $53.41.
• In the past month, Ceridian's stock has appreciated by 13.68% as it forms a constructive base.
• The company has a market capitalization of $8.34 billion and a very high P/E ratio of 1,780.93, which indicates high valuations relative to its earnings.

Ceridian HCM Holding Inc. (NYSE:CDAY - Get Free Report)'s stock price was down 0% on Friday . The stock traded as low as $52.39 and last traded at $53.41. Approximately 2,619,196 shares traded hands during mid-day trading, an increase of 100% from the average daily volume of 1,312,424 shares. The stock had previously closed at $53.43.

Ceridian HCM Stock Performance

The stock has a market capitalization of $10.22 billion, a P/E ratio of 2,183.06, a P/E/G ratio of 2.12 and a beta of 1.38. The company's 50-day moving average is $56.70 and its two-hundred day moving average is $58.17. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

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.