Randstad (OTCMKTS:RANJY) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Randstad Holding NV (OTCMKTS:RANJY)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $15.03 and traded as low as $14.59. Randstad shares last traded at $15.16, with a volume of 62,926 shares traded.

Analysts Set New Price Targets

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

Randstad Stock Up 5.7%

The firm’s fifty day simple moving average is $15.03 and its 200-day simple moving average is $15.80. The company has a market cap of $5.34 billion, a PE ratio of 16.64 and a beta of 0.98. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Randstad (OTCMKTS:RANJY) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.06). The company had revenue of $6.48 billion for the quarter, compared to analysts’ expectations of $5.85 billion. Randstad had a return on equity of 11.14% and a net margin of 1.24%. As a group, equities research analysts expect that Randstad Holding NV will post 1.8 earnings per share for the current fiscal 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.