Randstad (OTCMKTS:RANJY) Stock Price Down 1.1% – Here’s What Happened

Randstad (OTCMKTS:RANJY) traded down 1.1% on Wednesday . The stock traded as low as $22.14 and last traded at $22.28. Approximately 11,973 shares traded hands during trading, a decline of 16% from the average session volume of 14,279 shares. The stock had previously closed at $22.53.

Wall Street Analysts Forecast Growth

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

Randstad Stock Up 0.5 %

The firm’s fifty day moving average is $22.76 and its 200-day moving average is $23.62. The stock has a market capitalization of $7.95 billion, a PE ratio of 16.84 and a beta of 1.21. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.24.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings results on Tuesday, October 22nd. The business services provider reported $0.38 EPS for the quarter. Randstad had a return on equity of 14.31% and a net margin of 1.79%. The business had revenue of $6.61 billion during the quarter. On average, equities research analysts predict that Randstad will post 1.57 earnings per share for the current year.

About Randstad

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.