Robert Half International (RHI) has been under a strong bear grip, hence the stock is down -5.78% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.73% in the past 1 week. The stock has risen by 2.16% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.44% in the past 4 weeks.
Robert Half International (NYSE:RHI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.04 and $36.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.33, notching a gain of 1.47% for the day. The total traded volume was 1,990,842 . The stock had closed at $36.79 on the previous day.
The stock has recorded a 20-day Moving Average of 3.86% and the 50-Day Moving Average is 4.35%. Robert Half International Inc. has dropped 3.13% during the last 3-month period . Year-to-Date the stock performance stands at -19.92%.
Robert Half International (RHI) : The consensus price target for Robert Half International (RHI) is $45.09 for the short term with a standard deviation of $9.02. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $66, however, the pessimist price target for the company is $35.
Robert Half International Inc. is engaged in providing specialized staffing and risk consulting services. The Company provides staffing and risk consulting services through the divisions: Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. The Company operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services. The temporary and consultant segment provides specialized staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing and Web design fields. The permanent placement segment provides full-time personnel in the accounting, finance, administrative and office, and information technology fields. The risk consulting segment provides business and technology risk consulting and internal audit services.