Randstad (OTCMKTS:RANJY) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Randstad (OTCMKTS:RANJY) 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 trading hands.

Analyst Ratings Changes

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

Randstad Trading Up 1.0 %

The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 17.86 and a beta of 1.25. The business’s 50 day simple moving average is $23.86 and its 200 day simple moving average is $24.38. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.10 and a quick ratio of 1.10.

Randstad Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 16th. Stockholders of record on Friday, September 27th were issued 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

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.