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

Shares of Randstad (OTCMKTS:RANJY) reached a new 52-week low on Wednesday . The stock traded as low as $21.26 and last traded at $21.40, with a volume of 24377 shares traded. The stock had previously closed at $21.83.

Analyst Ratings Changes

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

Randstad Stock Down 0.0 %

The stock’s fifty day moving average price is $23.43 and its 200-day moving average price is $24.11. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 16.22 and a beta of 1.25.

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

Randstad Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 16th. Investors of record on Friday, September 27th were given a dividend of $0.5292 per share. The ex-dividend date of this dividend was Thursday, September 26th. Randstad’s dividend payout ratio (DPR) is presently 76.92%.

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.