Randstad (OTCMKTS:RANJY) Sees Large Volume Increase – Here’s What Happened

Randstad Holding NV (OTCMKTS:RANJY) saw strong trading volume on Monday . 152,377 shares were traded during mid-day trading, an increase of 153% from the previous session’s volume of 60,284 shares.The stock last traded at $14.7050 and had previously closed at $14.8050.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Jefferies Financial Group cut Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Randstad Stock Down 0.5%

The company has a debt-to-equity ratio of 0.41, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market capitalization of $5.18 billion, a PE ratio of 15.65 and a beta of 0.88. The business’s 50 day simple moving average is $16.85 and its 200 day simple moving average is $19.06.

Randstad (OTCMKTS:RANJY) last announced its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.61%. The business had revenue of $6.93 billion during the quarter, compared to the consensus estimate of $6.83 billion. As a group, analysts anticipate that Randstad Holding NV will post 1.63 earnings per share for the current fiscal year.

About Randstad

Randstad N.V. (OTCMKTS:RANJY) is a leading global provider of human resource services and workforce solutions. Headquartered in Diemen, Netherlands, the company specializes in connecting organizations with both temporary and permanent talent across a wide range of industries, including administrative, industrial, finance, engineering, healthcare and IT sectors.

The company’s service offering encompasses staffing and recruitment, inhouse services, professional and executive search, and managed services such as recruitment process outsourcing (RPO) and workforce management.