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Randstad (OTCMKTS:RANJY) Stock Crosses Below Fifty Day Moving Average - Here's What Happened

Randstad logo with Business Services background

Randstad (OTCMKTS:RANJY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $23.86 and traded as low as $23.00. Randstad shares last traded at $23.22, with a volume of 11,631 shares traded.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded shares of Randstad to a "hold" rating in a research report on Friday, October 4th.

Read Our Latest Report on RANJY

Randstad Stock Performance

The stock's fifty day moving average price is $23.86 and its two-hundred day moving average price is $24.38. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market cap of $8.40 billion, a P/E ratio of 17.86 and a beta of 1.25.

Randstad Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, October 16th. Investors of record on Friday, September 27th were paid a $0.5292 dividend. The ex-dividend date of this dividend was Thursday, September 26th. Randstad's payout ratio is 76.92%.

Randstad Company Profile

(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.

See Also

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