Randstad (OTCMKTS:RANJY) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Randstad Holding NV (OTCMKTS:RANJY)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $17.35 and traded as high as $22.50. Randstad shares last traded at $22.40, with a volume of 6,534 shares traded.

Analyst Ratings Changes

A number of brokerages recently commented on RANJY. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research note on Friday, July 24th. Citigroup cut shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research report on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Randstad in a report on Thursday, July 23rd. Six analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

Randstad Stock Performance

The stock has a market capitalization of $7.88 billion, a P/E ratio of 21.73 and a beta of 0.94. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average price of $17.35 and a two-hundred day moving average price of $15.93.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $6.73 billion during the quarter, compared to analyst estimates of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.78%. Equities analysts expect that Randstad Holding NV will post 1.8 earnings per share for the current year.

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.