Randstad (OTCMKTS:RANJY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Randstad Holding NV (OTCMKTS:RANJY) saw strong trading volume on Tuesday . 187,968 shares were traded during mid-day trading, an increase of 166% from the previous session’s volume of 70,601 shares.The stock last traded at $13.02 and had previously closed at $13.00.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 9th. Jefferies Financial Group lowered Randstad from a “strong-buy” rating to a “moderate sell” rating in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Randstad Trading Up 0.3%

The firm has a market cap of $4.59 billion, a P/E ratio of 13.86 and a beta of 0.92. The stock has a fifty day simple moving average of $15.53 and a 200 day simple moving average of $18.09. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.18 and a current ratio of 1.21.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, February 11th. The business services provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The business had revenue of $6.93 billion during the quarter, compared to analyst estimates of $6.83 billion. Randstad had a return on equity of 11.47% and a net margin of 1.30%. On average, research analysts expect that Randstad Holding NV will post 1.63 earnings per share for the current fiscal year.

About Randstad

Randstad N.V. (OTCMKTS:RANJY) is a leading global provider of human resource services and workforce solutions. Headquartered in Diemen, Netherlands, the company specializes in connecting organizations with both temporary and permanent talent across a wide range of industries, including administrative, industrial, finance, engineering, healthcare and IT sectors.

The company’s service offering encompasses staffing and recruitment, inhouse services, professional and executive search, and managed services such as recruitment process outsourcing (RPO) and workforce management.