Ceridian HCM (NYSE:CDAY) Stock Price Down 8.5% – Time to Sell?

Ceridian HCM Holding Inc. (NYSE:CDAYGet Free Report) was down 8.5% during mid-day trading on Monday . The stock traded as low as $50.54 and last traded at $51.49. Approximately 3,276,122 shares traded hands during trading, an increase of 150% from the average daily volume of 1,312,424 shares. The stock had previously closed at $56.26.

Ceridian HCM Trading Down 8.5 %

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 market cap of $8.04 billion, a P/E ratio of 1,716.91, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. The business’s fifty day simple moving average is $61.96 and its 200 day simple moving average is $67.89.

Ceridian HCM Company Profile

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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.

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