Randstad (OTCMKTS:RANJY) Short Interest Update

Randstad (OTCMKTS:RANJY - Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 3,700 shares, a growth of 825.0% from the March 15th total of 400 shares. Based on an average daily volume of 31,000 shares, the days-to-cover ratio is presently 0.1 days.

Randstad Stock Down 1.3 %

OTCMKTS RANJY traded down $0.35 on Wednesday, reaching $26.16. The stock had a trading volume of 11,982 shares, compared to its average volume of 9,280. The business has a 50 day moving average price of $27.63 and a 200 day moving average price of $28.21. The company has a current ratio of 1.11, a quick ratio of 1.24 and a debt-to-equity ratio of 0.10. Randstad has a 1 year low of $24.33 and a 1 year high of $31.82. The company has a market capitalization of $9.46 billion, a price-to-earnings ratio of 14.14 and a beta of 1.31.

Randstad (OTCMKTS:RANJY - Get Free Report) last issued its earnings results on Tuesday, February 13th. The business services provider reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.22. Randstad had a return on equity of 17.58% and a net margin of 2.44%. The firm had revenue of $6.66 billion for the quarter. On average, analysts forecast that Randstad will post 2.04 EPS for the current fiscal year.

Randstad Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 18th. Shareholders of record on Tuesday, April 2nd will be given a $0.9897 dividend. The ex-dividend date is Monday, April 1st. Randstad's dividend payout ratio is currently 53.51%.

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.

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