Randstad Holding NV (OTCMKTS:RANJY) Short Interest Up 145.3% in April

Randstad Holding NV (OTCMKTS:RANJY) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 18,546 shares, an increase of 145.3% from the April 15th total of 7,560 shares. Based on an average daily trading volume, of 78,270 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Randstad Stock Down 1.5%

RANJY stock traded down $0.21 during mid-day trading on Friday, reaching $13.96. The company had a trading volume of 35,164 shares, compared to its average volume of 45,638. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.21 and a quick ratio of 1.18. The stock has a 50 day simple moving average of $14.13 and a two-hundred day simple moving average of $16.77. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 15.32 and a beta of 0.97. Randstad has a 52 week low of $12.46 and a 52 week high of $25.50.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $5.85 billion. Randstad had a net margin of 1.24% and a return on equity of 11.13%. As a group, equities analysts predict that Randstad will post 1.8 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered Randstad from a “buy” rating to a “neutral” rating in a research report on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

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.