Randstad (OTCMKTS:RANJY) Reaches New 12-Month Low – What’s Next?

Randstad (OTCMKTS:RANJY)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $20.45 and last traded at $20.45, with a volume of 26615 shares. The stock had previously closed at $21.22.

Analyst Upgrades and Downgrades

Several analysts have issued reports on RANJY shares. Royal Bank of Canada raised Randstad to a “hold” rating in a report on Friday, October 4th. BNP Paribas raised Randstad to a “strong-buy” rating in a research report on Monday.

Randstad Trading Up 2.3 %

The firm has a market capitalization of $7.40 billion, a P/E ratio of 15.73 and a beta of 1.21. The stock’s 50-day simple moving average is $22.44 and its two-hundred day simple moving average is $23.43. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.10 and a quick 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 for the quarter. The company had revenue of $6.61 billion during the quarter. Randstad had a net margin of 1.79% and a return on equity of 14.31%. Equities research 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.