Ceridian HCM (NYSE:CDAY) Stock Price Down 3.2%

Ceridian HCM Holding Inc. (NYSE:CDAY) shares were down 3.2% on Thursday . The stock traded as low as $58.45 and last traded at $58.49. Approximately 990,547 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 1,312,424 shares. The stock had previously closed at $60.41.

Ceridian HCM Trading Up 2.4 %

The company has a market capitalization of $9.40 billion, a price-to-earnings ratio of 2,006.67, a P/E/G 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 simple moving average is $55.84 and its two-hundred day simple moving average is $57.14.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. raised its holdings 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 buying an additional 392 shares during the last quarter. Sound Income Strategies LLC raised its holdings in shares of Ceridian HCM by 62.8% during the second quarter. Sound Income Strategies LLC now owns 1,652 shares of the company’s stock worth $115,000 after purchasing an additional 637 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Ceridian HCM by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 65,426 shares of the company’s stock worth $4,391,000 after purchasing an additional 640 shares during the last quarter. American International Group Inc. raised 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 worth $2,817,000 after purchasing an additional 748 shares during the last quarter. Finally, Tidal Investments LLC raised its holdings in shares of Ceridian HCM by 12.9% during the first quarter. Tidal Investments LLC now owns 7,597 shares of the company’s stock worth $503,000 after purchasing an additional 869 shares during the last 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.