Randstad Holding NV (OTCMKTS:RANJY) Sees Significant Decrease in Short Interest
by Amy Steele · The Cerbat GemRandstad Holding NV (OTCMKTS:RANJY – Get Free Report) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 1,133 shares, a decrease of 87.2% from the November 30th total of 8,842 shares. Based on an average trading volume of 45,518 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 45,518 shares, the days-to-cover ratio is presently 0.0 days.
Randstad Stock Performance
Shares of RANJY stock traded down $0.08 during trading hours on Wednesday, hitting $18.32. The company’s stock had a trading volume of 4,485 shares, compared to its average volume of 20,714. The stock has a market cap of $6.45 billion, a PE ratio of 96.39 and a beta of 0.89. Randstad has a 12-month low of $17.14 and a 12-month high of $25.50. The company has a 50 day moving average of $19.42 and a 200 day moving average of $21.65. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.41.
Randstad (OTCMKTS:RANJY – Get Free Report) last posted its earnings results on Wednesday, October 22nd. The business services provider reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. The company had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.75 billion. Randstad had a net margin of 0.29% and a return on equity of 8.92%. On average, sell-side analysts forecast that Randstad will post 1.63 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms have weighed in on RANJY. Zacks Research raised shares of Randstad from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Kepler Capital Markets downgraded shares of Randstad from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 16th. Finally, Morgan Stanley downgraded Randstad from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Read Our Latest Analysis on RANJY
Randstad Company Profile
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.