Dayforce (TSE:DAY) Trading Down 0.1% - Here's What Happened

Dayforce, Inc. (TSE:DAY - Get Free Report)'s share price traded down 0.1% during trading on Tuesday . The company traded as low as C$96.27 and last traded at C$96.30. 26,115 shares traded hands during trading, a decline of 81% from the average session volume of 138,971 shares. The stock had previously closed at C$96.37.Analyst Ratings ChangesA number of research analysts have weighed in on the company. UBS Group downgraded Dayforce from a "strong-buy" rating to a "hold" rating in a research note on Saturday, November 15th. TD Cowen raised shares of Dayforce to a "hold" rating in a research note on Friday, October 31st. Finally, Citigroup downgraded shares of Dayforce from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 17th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Dayforce presently has an average rating of "Hold".Read Our Latest Report on DayforceDayforce Stock PerformanceThe firm has a market cap of C$15.41 billion, a PE ratio of -101.37 and a beta of 1.09. The stock's 50 day moving average is C$96.02. About Dayforce (Get Free Report)Dayforce, Inc is a global human capital management (HCM) software company. The Company's Dayforce, which is a flagship cloud HCM platform, provides a full suite of HCM functionality, including global human resources (HR), payroll and tax, workforce management, benefits, and talent intelligence functionality. The Company also sells Powerpay, a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. Dayforce Human Resources provides HR professionals, managers, and employees a single, complete record of all of their HR information.Featured ArticlesFive stocks we like better than Dayforce“Ominous day” coming to stocks…Punch these codes into your ordinary brokerage accountThe Crash Has Already Started (Most Just Don’t See It Yet)Trump just signed itA month before the crashThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Dayforce Right Now?Before you consider Dayforce, 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 Dayforce wasn't on the list.While Dayforce currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here