Randstad (OTCMKTS:RANJY) Short Interest Up 84.5% in March

by · The Cerbat Gem

Randstad (OTCMKTS:RANJY – Get Free Report) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 21,400 shares, an increase of 84.5% from the March 15th total of 11,600 shares. Based on an average daily volume of 31,300 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded shares of Randstad from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 14th.

View Our Latest Analysis on Randstad

Randstad Trading Down 2.1 %

OTCMKTS RANJY traded down $0.40 during trading hours on Friday, hitting $18.75. 16,380 shares of the company were exchanged, compared to its average volume of 30,990. Randstad has a 52 week low of $17.14 and a 52 week high of $27.58. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average price of $20.69 and a 200 day moving average price of $21.58. The stock has a market cap of $6.78 billion, a PE ratio of 53.57 and a beta of 1.05.

Randstad (OTCMKTS:RANJY – Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.12 EPS for the quarter. Randstad had a net margin of 0.53% and a return on equity of 9.79%. Analysts forecast that Randstad will post 1.63 earnings per share for the current fiscal year.

Randstad Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 16th. Stockholders of record on Monday, March 31st were issued a $0.8427 dividend. The ex-dividend date was Monday, March 31st. This is a boost from Randstad’s previous dividend of $0.53. Randstad’s dividend payout ratio is presently 197.14%.

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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