Randstad (OTCMKTS:RANJY) Hits New 52-Week Low – Should You Sell?

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

Analyst Ratings Changes

Separately, Jefferies Financial Group cut shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Randstad Price Performance

The business’s fifty day simple moving average is $15.38 and its 200-day simple moving average is $18.00. 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 firm has a market cap of $4.45 billion, a P/E ratio of 13.44 and a beta of 0.92.

Randstad (OTCMKTS:RANJY) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.47%. The business had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $6.83 billion. As a group, analysts forecast 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.