Randstad (OTCMKTS:RANJY) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Randstad (OTCMKTS:RANJY)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-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.

Wall Street Analyst Weigh In

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

Randstad Price Performance

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

Randstad Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 16th. Shareholders of record on Friday, September 27th were given 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.