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

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

Analyst Ratings Changes

A number of brokerages have weighed in on RANJY. BNP Paribas upgraded Randstad to a “strong-buy” rating in a report on Monday, December 16th. Royal Bank of Canada raised Randstad to a “hold” rating in a research note on Friday, October 4th.

Randstad Stock Down 4.5 %

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

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