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StockNews.com
StockNews.com
Business
Aditi Ganguly

Down More Than 45% in 2022, is Now a Good Time to Buy Ceridian HCM?

 Ceridian HCM Holding Inc. (CDAY) is a human capital management software company. Its popular solutions include Dayforce, Powerpay, and Bureau solutions. However, the company has an ISS Governance QualityScore of 9, indicating high governance risk.

Shares of CDAY have declined 55.6% year-to-date and 15.9% over the past month, primarily due to the ongoing tech rout. As the Fed is expected to intensify its hawkish stance, shares of software solutions company CDAY might plummet further in the near term.

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