Randstad (OTCMKTS:RANJY) Shares Down 1.1% – Should You Sell?

Randstad (OTCMKTS:RANJY) was down 1.1% during mid-day trading on Wednesday . The company traded as low as $22.14 and last traded at $22.28. Approximately 11,973 shares changed hands during trading, a decline of 16% from the average daily volume of 14,279 shares. The stock had previously closed at $22.53.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised Randstad to a “hold” rating in a research report on Friday, October 4th.

Randstad Price Performance

The stock’s 50-day moving average is $22.76 and its 200 day moving average is $23.62. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market capitalization of $7.95 billion, a PE ratio of 16.84 and a beta of 1.21.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Tuesday, October 22nd. The business services provider reported $0.38 EPS for the quarter. The business had revenue of $6.61 billion for the quarter. Randstad had a return on equity of 14.31% and a net margin of 1.79%. As a group, equities analysts expect that Randstad will post 1.57 earnings per share for the current year.

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.