Randstad (OTCMKTS:RANJY) Hits New 52-Week Low – What’s Next?

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

Analyst Ratings Changes

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

Randstad Stock Performance

The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.24. The stock has a market cap of $7.13 billion, a P/E ratio of 15.17 and a beta of 1.21. The business has a 50 day moving average price of $21.55 and a 200 day moving average price of $22.94.

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

Randstad Company Profile

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.