Randstad (OTCMKTS:RANJY) Stock Price Passes Below Fifty Day Moving Average of $27.27

Randstad (OTCMKTS:RANJY)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $27.27 and traded as low as $24.86. Randstad shares last traded at $25.04, with a volume of 8,497 shares.

Randstad Price Performance

The firm has a market capitalization of $9.06 billion, a P/E ratio of 13.54 and a beta of 1.31. The company has a fifty day moving average of $27.27 and a 200 day moving average of $28.13. 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 earnings results on Tuesday, February 13th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating 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. Sell-side analysts predict that Randstad will post 2.04 earnings per share for the current year.

Randstad Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 18th. Shareholders of record on Tuesday, April 2nd will be issued a dividend of $0.9897 per share. The ex-dividend date is Monday, April 1st. Randstad’s payout ratio is 54.05%.

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.