Randstad (OTCMKTS:RANJY) Sets New 1-Year Low – Time to Sell?

Randstad (OTCMKTS:RANJY)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $19.68 and last traded at $19.72, with a volume of 29175 shares changing hands. The stock had previously closed at $20.64.

Analyst Ratings Changes

RANJY has been the subject of a number of research analyst reports. BNP Paribas upgraded Randstad to a “strong-buy” rating in a report on Monday, December 16th. Royal Bank of Canada upgraded Randstad to a “hold” rating in a report on Friday, October 4th.

Randstad Stock Down 4.5 %

The firm has a 50 day moving average price of $21.62 and a 200-day moving average price of $22.97. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.24. The firm has a market cap of $7.13 billion, a PE ratio of 15.17 and a beta of 1.21.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $0.38 earnings per share (EPS) for the quarter. The business had revenue of $6.61 billion during the quarter. Randstad had a return on equity of 14.31% and a net margin of 1.79%. Research analysts forecast that Randstad will post 1.57 EPS for the current fiscal 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.