Short Interest in Randstad Holding NV (OTCMKTS:RANJY) Rises By 5,500.1%

Randstad Holding NV (OTCMKTS:RANJY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 55,217 shares, an increase of 5,500.1% from the July 15th total of 986 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 79,143 shares, the short-interest ratio is currently 0.7 days.

Randstad Stock Performance

Shares of Randstad stock remained flat at $22.70 on Tuesday. The stock had a trading volume of 32,358 shares, compared to its average volume of 53,135. 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 stock has a market capitalization of $7.99 billion, a price-to-earnings ratio of 22.02 and a beta of 0.94. Randstad has a fifty-two week low of $12.46 and a fifty-two week high of $24.38. The stock has a fifty day moving average price of $17.48 and a 200-day moving average price of $15.96.

Randstad (OTCMKTS:RANJY) last posted its earnings results on Wednesday, July 22nd. The business services provider reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The firm had revenue of $6.73 billion during the quarter, compared to analysts’ expectations of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.78%. As a group, sell-side analysts forecast that Randstad will post 1.8 earnings per share for the current year.

Analyst Ratings Changes

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