Short Interest in Randstad (OTCMKTS:RANJY) Decreases By 29.6%

Randstad (OTCMKTS:RANJY) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 1,900 shares, a drop of 29.6% from the August 31st total of 2,700 shares. Based on an average daily trading volume, of 23,100 shares, the short-interest ratio is currently 0.1 days.

Randstad Stock Performance

Randstad stock traded up $0.26 during mid-day trading on Friday, reaching $24.69. The company’s stock had a trading volume of 3,019 shares, compared to its average volume of 8,553. The firm’s fifty day moving average price is $23.71 and its two-hundred day moving average price is $24.93. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.10 and a current ratio of 1.10. Randstad has a 12-month low of $22.27 and a 12-month high of $31.82. The company has a market capitalization of $8.93 billion, a P/E ratio of 14.87 and a beta of 1.25.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings results on Tuesday, July 23rd. The business services provider reported $0.36 EPS for the quarter. Randstad had a return on equity of 15.03% and a net margin of 2.03%. The firm had revenue of $6.55 billion during the quarter. Sell-side analysts predict that Randstad will post 1.74 EPS for the current fiscal year.

Randstad Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.5292 per share. The ex-dividend date is Thursday, September 26th. Randstad’s payout ratio is presently 60.24%.

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.