As of Wednesday close, Ceridian HCM Holding Inc.’s (NYSE:CDAY) stock was up $0.25, moving up 0.56 percent to $45.02. The average number of shares traded per day over the past five days has been 2,497,020 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.14 fall in that time frame. In the last twenty days, the average volume was 1,890,210, while in the previous 50 days, it was 1,938,428.
Since last month, CDAY stock retreated -20.46%. Shares of the company fell to $43.23 on 06/16/22, the lowest level in the past month. A 52-week high of $130.37 was reached on 01/03/22 after having rallying from a 52-week low of $43.23. Since the beginning of this year, CDAY’s stock price has dropped by -56.90% or -$59.44, and marked a new high 1 time. However, the stock has declined by -65.47% since its 52-week high.
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Ceridian HCM Holding Inc. (CDAY) last reported insider trading activity 45 days ago on May 09. Subramanian Rakesh, the EVP, Chief Revenue Officer of the company, disposed of 4,315 shares for $53.00 on May 09. It resulted in a $228,689 divestment by the insider. McDonald William Everett sold 487 shares at an average price of $53.00 on May 09. The insider now owns 38,048 shares following the transaction. On May 09, Head of Acct & Fin Reporting Jacobs Jeffrey Scott sold 163 shares at $53.00 apiece. The transaction was valued at $8,639.
The stock’s beta is 1.55. Besides these, the trailing price-to-sales (P/S) ratio of 6.21, the price-to-book (PB) ratio of 3.20, and the price-to-cash flow ratio of 138.45 may also be considered.
In the three months ended March 30, Ceridian HCM Holding Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.57, and the total debt-to-equity ratio was 0.57. On the profitability front, the trailing twelve-month gross margin is 36.20% percent. In the year ended March 30, operating margins totaled -9.40%. Based on annual data, CDAY earned $382.3 million in gross profit and brought in $1.02 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -2.20%. Return on equity (ROE) for the past 12 months was -3.80%.
In Ceridian HCM Holding Inc.’s quarter-end financial report for March 30, it reported total debt of $1.22 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CDAY’s revenue rose 24.04% to $257.2 million during the quarter, while net income inched up to $293.3 million. While analysts expected Ceridian HCM Holding Inc. to report $0.11 quarterly earnings, the actual figure was $0.17 per share, beating the consensus estimate by 54.50%. During the quarter, the company generated $3.0 million in EBITDA. The liabilities of Ceridian HCM Holding Inc. were 8.92 billion at the end of its most recent quarter ended March 30, and its total debt was $1.18 billion. The value of shareholders’ equity is $152.65 million.
This quick technical analysis looks at Ceridian HCM Holding Inc.’s (CDAY) price momentum. With a historical volatility rate of 70.22%, the RSI 9-day stood at 31.95% on 22 June.
With respect to its five-day moving average, the current Ceridian HCM Holding Inc. price is down by -0.31% percent or -$0.14. At present, CDAY shares trade -19.74% below its 20-day simple moving average and -34.33% percent below its 100-day simple moving average. However, the stock is currently trading approximately -26.71% below its SMA50 and -61.18% below its SMA200.
Stochastic coefficient K was 11.50% and Stochastic coefficient D was 10.69%, while ATR was 2.68. Given the Stochastic reading of 12.54% for the 14-day period, the RSI (14) reading has been calculated as 34.86%. As of today, the MACD Oscillator reading stands at -2.38, while the 14-day reading stands at -5.62.