Ceridian HCM (NYSE:CDAY) Trading 0.2% Higher – Time to Buy?

Ceridian HCM Holding Inc. (NYSE:CDAY) rose 0.2% during mid-day trading on Monday . The stock traded as high as $72.14 and last traded at $70.74. Approximately 1,715,110 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 1,312,424 shares. The stock had previously closed at $70.57.

Ceridian HCM Price Performance

The company has a market capitalization of $11.20 billion, a P/E ratio of 2,392.13, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. The business’s 50-day moving average is $73.98 and its two-hundred day moving average is $66.29. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.53.

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.