Randstad (OTCMKTS:RANJY) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Randstad (OTCMKTS:RANJYGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $20.86 and traded as high as $22.98. Randstad shares last traded at $22.98, with a volume of 7,976 shares.

Analyst Upgrades and Downgrades

RANJY has been the topic of several research analyst reports. BNP Paribas upgraded Randstad to a “strong-buy” rating in a research note on Monday, December 16th. Sanford C. Bernstein raised shares of Randstad from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 14th.

Get Our Latest Report on Randstad

Randstad Stock Performance

The company has a market capitalization of $8.31 billion, a P/E ratio of 65.66 and a beta of 1.21. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.24. The company’s fifty day moving average is $20.86 and its 200 day moving average is $22.24.

Randstad (OTCMKTS:RANJYGet Free Report) last posted 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 9.79% and a net margin of 0.53%. As a group, equities analysts anticipate that Randstad will post 1.63 earnings per share for the current year.

Randstad Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.8427 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Randstad’s previous dividend of $0.53. Randstad’s payout ratio is presently 188.57%.

About Randstad

(Get Free Report)

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.

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