Randstad (OTCMKTS:RANJY) Sees Significant Increase in Short Interest

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

Randstad Price Performance

OTCMKTS RANJY traded up $1.25 on Wednesday, hitting $20.13. 22,015 shares of the company were exchanged, compared to its average volume of 30,970. 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 has a market cap of $7.28 billion, a P/E ratio of 57.52 and a beta of 1.05. The firm has a 50 day moving average of $20.59 and a two-hundred day moving average of $21.44. Randstad has a 1-year low of $17.14 and a 1-year high of $27.58.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its earnings results on Wednesday, April 23rd. The business services provider reported $0.31 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.31. Randstad had a net margin of 0.53% and a return on equity of 9.79%. On average, equities analysts predict that Randstad will post 1.63 EPS for the current year.

Randstad Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 16th. Shareholders of record on Monday, March 31st were given a dividend of $0.8427 per share. This is a boost from Randstad's previous dividend of $0.53. The ex-dividend date was Monday, March 31st. Randstad's payout ratio is presently 197.14%.

Analyst Ratings Changes

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

Randstad Company Profile

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.