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

Randstad Holding NV (OTCMKTS:RANJY) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $17.35 and traded as high as $22.50. Randstad shares last traded at $22.40, with a volume of 6,534 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on RANJY. Citigroup downgraded shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a research note on Thursday, July 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Randstad in a research note on Thursday, July 23rd. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of Randstad in a report on Friday, July 24th. Six equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Randstad Trading Up 3.4%

The stock has a market capitalization of $7.88 billion, a P/E ratio of 21.73 and a beta of 0.94. The stock’s fifty day moving average price is $17.35 and its two-hundred day moving average price is $15.93. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Randstad (OTCMKTS:RANJY) last released its earnings results on Wednesday, July 22nd. The business services provider reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The company had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.78%. Equities research analysts forecast that Randstad Holding NV will post 1.8 EPS for the current year.

Randstad Company Profile

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.