Randstad (OTCMKTS:RANJY) Short Interest Down 78.9% in March

Randstad (OTCMKTS:RANJY) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 400 shares, a drop of 78.9% from the February 29th total of 1,900 shares. Based on an average daily volume of 10,300 shares, the days-to-cover ratio is currently 0.0 days.

Randstad Stock Up 0.1 %

Shares of RANJY traded up $0.02 during mid-day trading on Thursday, reaching $27.74. The company’s stock had a trading volume of 13,767 shares, compared to its average volume of 8,837. The company has a quick ratio of 1.24, a current ratio of 1.11 and a debt-to-equity ratio of 0.10. Randstad has a 1 year low of $24.33 and a 1 year high of $31.82. The business has a fifty day moving average of $27.95 and a 200 day moving average of $28.27. The company has a market cap of $10.03 billion, a price-to-earnings ratio of 14.99 and a beta of 1.31.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.22. The firm had revenue of $6.66 billion for the quarter. Randstad had a return on equity of 17.58% and a net margin of 2.44%. As a group, analysts forecast that Randstad will post 2.04 earnings per share for the current fiscal year.

Randstad Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 18th. Investors of record on Tuesday, April 2nd will be paid a $0.9897 dividend. The ex-dividend date is Monday, April 1st. Randstad’s dividend payout ratio (DPR) is currently 68.65%.

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.