Randstad (OTCMKTS:RANJY) Reaches New 1-Year Low – Here’s What Happened

Randstad (OTCMKTS:RANJY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $21.85 and last traded at $22.03, with a volume of 31628 shares traded. The stock had previously closed at $22.46.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised Randstad to a “hold” rating in a report on Friday, October 4th.

Randstad Stock Down 0.0 %

The company has a market cap of $7.80 billion, a P/E ratio of 16.59 and a beta of 1.25. The company has a 50 day moving average of $23.63 and a 200-day moving average of $24.25. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.11 and a quick ratio of 1.11.

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

Randstad Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 16th. Stockholders of record on Friday, September 27th were issued a $0.5292 dividend. The ex-dividend date was Thursday, September 26th. Randstad’s 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.