Randstad (OTCMKTS:RANJY) Hits New 1-Year Low – Should You Sell?

Shares of Randstad (OTCMKTS:RANJY) reached a new 52-week low on Wednesday . The company traded as low as $21.26 and last traded at $21.40, with a volume of 24377 shares traded. The stock had previously closed at $21.83.

Wall Street Analyst Weigh In

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

Randstad Stock Down 2.0 %

The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.25. The stock has a market cap of $7.74 billion, a PE ratio of 16.79 and a beta of 1.25. The firm has a fifty day moving average of $23.51 and a 200 day moving average of $24.15.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Tuesday, October 22nd. The business services provider reported $0.38 earnings per share for the quarter. The firm had revenue of $6.61 billion during the quarter. Randstad had a return on equity of 14.26% and a net margin of 1.79%. On average, equities research analysts anticipate that Randstad will post 1.57 EPS for the current fiscal year.

Randstad Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 16th. Shareholders of record on Friday, September 27th were paid a dividend of $0.5292 per share. The ex-dividend date was Thursday, September 26th. Randstad’s dividend payout ratio is presently 76.92%.

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.