Recruit (OTCMKTS:RCRUY) Trading Down 7.5% – What’s Next?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) fell 7.5% during mid-day trading on Friday . The company traded as low as $7.72 and last traded at $8.0350. 155,361 shares changed hands during trading, a decline of 80% from the average session volume of 760,257 shares. The stock had previously closed at $8.69.

Recruit Price Performance

The business’s 50 day moving average price is $10.90 and its 200 day moving average price is $10.90. The firm has a market cap of $66.23 billion, a PE ratio of 9.52 and a beta of 1.66.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.03 billion. Recruit had a net margin of 12.85% and a return on equity of 30.40%. As a group, analysts predict that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current year.

Recruit Company Profile

Recruit Holdings Co, Ltd. (OTCMKTS: RCRUY) is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.