Randstad (OTCMKTS:RANJY) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Randstad Holding NV (OTCMKTS:RANJY)’s stock price crossed 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 traded.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on RANJY shares. Citigroup cut Randstad from a “buy” rating to a “neutral” rating in a research note on Thursday, April 30th. The Goldman Sachs Group restated a “neutral” rating on shares of Randstad in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a research report on Thursday, July 23rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Randstad in a research note on Thursday, July 23rd. Six 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”.

Randstad Stock Up 3.4%

The firm’s 50 day moving average price is $17.35 and its two-hundred day moving average price is $15.93. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $7.88 billion, a P/E ratio of 21.73 and a beta of 0.94.

Randstad (OTCMKTS:RANJY) last issued its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.01. The business had revenue of $6.73 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Randstad had a return on equity of 11.78% and a net margin of 1.39%. Equities research analysts anticipate that Randstad Holding NV will post 1.8 EPS 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.