---
title: "Ceridian HCM (NYSE:CDAY) Reaches New 52-Week Low at $54.62"
description: "Ceridian HCM (NYSE:CDAY) reached a new 52-week low of $0.62 during trading, closing at $0.09 with substantial trading volume. The company’s stock performance has seen a 13.68% increase over the past m"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/212306722.md"
published_at: "2024-08-22T23:29:10.000Z"
---

# Ceridian HCM (NYSE:CDAY) Reaches New 52-Week Low at $54.62

> Ceridian HCM (NYSE:CDAY) reached a new 52-week low of $0.62 during trading, closing at $0.09 with substantial trading volume. The company’s stock performance has seen a 13.68% increase over the past month. Institutional investors have recently increased their holdings, indicating potential future interest. Ceridian HCM provides cloud-based human capital management software, namely Dayforce and Powerpay. Despite a "Moderate Buy" rating from analysts, other stocks are recommended as better investments.

Ceridian HCM Holding Inc. (NYSE:CDAY - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $54.62 and last traded at $55.09, with a volume of 1269555 shares traded. The stock had previously closed at $54.66.

## Ceridian HCM Price Performance

-   Ceridian Forms Constructive Base; Stock Up 13.68% In Past Month

The company has a 50 day moving average price of $52.15 and a 200 day moving average price of $59.37. The firm has a market cap of $8.60 billion, a PE ratio of 1,822.00, a price-to-earnings-growth 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.

## Institutional Investors Weigh In On Ceridian HCM

Hedge funds and other institutional investors have recently modified their holdings of the company. Strs Ohio raised its holdings in Ceridian HCM by 2.5% in the 4th quarter. Strs Ohio now owns 13,454 shares of the company's stock valued at $903,000 after acquiring an additional 324 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Ceridian HCM by 3.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 12,822 shares of the company's stock valued at $861,000 after acquiring an additional 392 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Ceridian HCM by 3.7% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,010 shares of the company's stock valued at $873,000 after acquiring an additional 461 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in Ceridian HCM by 58.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,398 shares of the company's stock valued at $94,000 after acquiring an additional 514 shares during the last quarter. Finally, Sound Income Strategies LLC raised its holdings in Ceridian HCM by 62.8% in the 2nd quarter. Sound Income Strategies LLC now owns 1,652 shares of the company's stock valued at $115,000 after acquiring an additional 637 shares during the last quarter.

## About Ceridian HCM

(Get Free Report)

-   Analysts Expect Big Earnings Growth From These 3 Stocks

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.

## Further Reading

-   Five stocks we like better than Ceridian HCM
-   What is the Hang Seng index?
-   Advance Auto Parts Eyes Long-Term Growth Despite Q2 Hurdles
-   Stock Market Upgrades: What Are They?
-   Toll Brothers Stock Up on Q3 Beat: Luxury Homes Drive Growth
-   Uptrend Stocks Explained: Learn How to Trade Using Uptrends
-   4 No-Brainer Stocks to Hold This Fall for Steady Gains

*This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.*

→ This Crypto Is Set to Explode in August (From Crypto 101 Media) (Ad)## Should you invest $1,000 in Ceridian HCM right now?

Before you consider Ceridian HCM, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ceridian HCM wasn't on the list.

While Ceridian HCM currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

### Related Stocks

- [DAY.US - Dayforce](https://longbridge.com/en/quote/DAY.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Dayforce Inc. wird von Dawn Bidco übernommen | Dayforce Inc. has completed its acquisition by Dawn Bidco, LLC. As part of the transaction, Dawn Acquisition Merger Sub, | [Link](https://longbridge.com/en/news/274829288.md) |
| Dayforce kündigt Abschluss der Übernahme in den nächsten fünf Geschäftstagen an | Dayforce Inc. has received all necessary regulatory approvals for its planned merger with Dayforce Bidco, LLC. The compa | [Link](https://longbridge.com/en/news/274563971.md) |
| Dayforce Inc. Head of Accounting & Financial Reporting Jeffrey Scott Jacobs Reports Sale of Common Shares | Jeffrey Scott Jacobs, Head of Accounting & Financial Reporting at Dayforce Inc., has reported the sale of common shares  | [Link](https://longbridge.com/en/news/274046573.md) |
| Dayforce President and COO Stephen Holdridge Reports Sale of Common Shares | Stephen H. Holdridge, President and COO of Dayforce Inc., has reported the sale of common shares of the company. The det | [Link](https://longbridge.com/en/news/268313195.md) |
| Dayforce Inc. EVP Chief Revenue Officer Samer Alkharrat Reports Disposal of Common Shares | Samer Alkharrat, EVP and Chief Revenue Officer of Dayforce Inc., reported the disposal of common shares of the company.  | [Link](https://longbridge.com/en/news/267584154.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
