Randstad (OTCMKTS:RANJY) Sees Significant Decrease in Short Interest

Randstad (OTCMKTS:RANJY) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 1,300 shares, a decline of 76.8% from the January 15th total of 5,600 shares. Based on an average daily volume of 52,900 shares, the days-to-cover ratio is currently 0.0 days.

Randstad Trading Down 5.2 %

Shares of Randstad stock traded down $1.10 on Wednesday, hitting $20.22. The stock had a trading volume of 9,550 shares, compared to its average volume of 32,505. The stock has a 50 day moving average of $21.23 and a 200 day moving average of $22.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.10 and a current ratio of 1.10. Randstad has a twelve month low of $19.68 and a twelve month high of $28.49. The firm has a market capitalization of $7.31 billion, a P/E ratio of 15.55 and a beta of 1.21.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.12 EPS for the quarter. Randstad had a return on equity of 14.31% and a net margin of 1.79%. Sell-side analysts expect that Randstad will post 1.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas upgraded shares of Randstad to a “strong-buy” rating in a research note on Monday, December 16th.

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.