Randstad Holding NV (OTCMKTS:RANJY) Short Interest Down 95.0% in August

Randstad Holding NV (OTCMKTS:RANJY) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 2,751 shares, a decline of 95.0% from the July 30th total of 55,217 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 17,840 shares, the short-interest ratio is currently 0.2 days.

Randstad Price Performance

OTCMKTS:RANJY opened at $23.20 on Wednesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.23 and a quick ratio of 1.14. Randstad has a one year low of $12.46 and a one year high of $23.64. The company has a fifty day moving average price of $19.05 and a 200 day moving average price of $16.39. The stock has a market cap of $8.16 billion, a P/E ratio of 22.50 and a beta of 0.94.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. Randstad had a net margin of 1.39% and a return on equity of 11.76%. The company had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.60 billion. Analysts anticipate that Randstad will post 1.8 earnings per share for the current year.

Analyst Upgrades and Downgrades

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