Randstad (OTCMKTS:RANJY) Sees Large Decline in Short Interest

Randstad (OTCMKTS:RANJY) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 400 shares, a decrease of 78.9% from the February 29th total of 1,900 shares. Based on an average daily trading volume, of 10,300 shares, the short-interest ratio is currently 0.0 days.

Randstad Stock Performance

Randstad stock traded up $0.02 during midday trading on Thursday, reaching $27.74. 13,767 shares of the company traded hands, compared to its average volume of 8,837. The firm has a market capitalization of $10.03 billion, a price-to-earnings ratio of 14.99 and a beta of 1.31. The business has a 50 day moving average of $27.95 and a two-hundred day moving average of $28.27. Randstad has a 12 month low of $24.33 and a 12 month high of $31.82. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.11 and a quick ratio of 1.24.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.22. Randstad had a net margin of 2.44% and a return on equity of 17.58%. The business had revenue of $6.66 billion for the quarter. As a group, research analysts predict that Randstad will post 2.04 earnings per share for the current year.

Randstad Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 18th. Investors of record on Tuesday, April 2nd will be paid a dividend of $0.9897 per share. The ex-dividend date is Monday, April 1st. Randstad’s payout ratio is 68.65%.

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.