Randstad (OTCMKTS:RANJY) Sets New 1-Year Low – Time to Sell?

Randstad Holding NV (OTCMKTS:RANJY)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $12.70 and last traded at $12.70, with a volume of 1413 shares traded. The stock had previously closed at $13.09.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.

Randstad Stock Performance

The company has a current ratio of 1.21, a quick ratio of 1.18 and a debt-to-equity ratio of 0.39. The company’s 50 day moving average is $15.19 and its 200-day moving average is $17.91. The company has a market capitalization of $4.45 billion, a P/E ratio of 13.44 and a beta of 0.92.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.04. The company had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.83 billion. Randstad had a net margin of 1.30% and a return on equity of 11.47%. Equities analysts anticipate that Randstad Holding NV will post 1.63 EPS 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.