Randstad (OTCMKTS:RANJY) Sees Large Decline in Short Interest

Randstad (OTCMKTS:RANJY) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 1,900 shares, a drop of 29.6% from the August 31st total of 2,700 shares. Based on an average daily volume of 23,100 shares, the days-to-cover ratio is presently 0.1 days.

Randstad Stock Up 1.1 %

Randstad stock traded up $0.26 during trading hours on Friday, reaching $24.69. The stock had a trading volume of 3,019 shares, compared to its average volume of 8,553. The company has a market cap of $8.93 billion, a price-to-earnings ratio of 14.87 and a beta of 1.25. The business’s 50 day moving average price is $23.71 and its 200-day moving average price is $24.91. Randstad has a 52 week low of $22.27 and a 52 week high of $31.82. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.10 and a quick ratio of 1.10.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.36 EPS for the quarter. The firm had revenue of $6.55 billion during the quarter. Randstad had a net margin of 2.03% and a return on equity of 15.03%. Sell-side analysts anticipate that Randstad will post 1.74 EPS for the current year.

Randstad Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, October 16th. Stockholders of record on Friday, September 27th will be issued a dividend of $0.5292 per share. The ex-dividend date of this dividend is Thursday, September 26th. Randstad’s dividend payout ratio is presently 60.24%.

About Randstad

Randstad N.V. provides solutions in the field of work and human resources (HR) services. The company provides temporary staffing and permanent placement services; job posting; and résumé services on digital platforms. It offers inhouse, enterprise and digital, and tech suite services. In addition, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition.