Randstad Holding NV (OTCMKTS:RANJY) Short Interest Up 145.3% in April

Randstad Holding NV (OTCMKTS:RANJY) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 18,546 shares, an increase of 145.3% from the April 15th total of 7,560 shares. Based on an average daily trading volume, of 78,270 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Randstad Stock Performance

OTCMKTS:RANJY traded down $0.21 during trading hours on Friday, reaching $13.96. The company had a trading volume of 35,164 shares, compared to its average volume of 45,638. The company has a current ratio of 1.21, a quick ratio of 1.18 and a debt-to-equity ratio of 0.39. Randstad has a 52 week low of $12.46 and a 52 week high of $25.50. The firm has a market cap of $4.91 billion, a price-to-earnings ratio of 15.32 and a beta of 0.97. The firm’s 50 day moving average price is $14.13 and its 200-day moving average price is $16.77.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, April 22nd. The business services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). Randstad had a return on equity of 11.13% and a net margin of 1.24%.The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $5.85 billion. On average, analysts forecast that Randstad will post 1.8 EPS for the current year.

Analysts Set New Price Targets

Separately, Citigroup cut shares of Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Randstad has a consensus 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.