Recruit (OTCMKTS:RCRUY) Shares Gap Up – What’s Next?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up before the market opened on Tuesday . The stock had previously closed at $14.36, but opened at $15.27. Recruit shares last traded at $15.25, with a volume of 2,669 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Recruit from a “hold” rating to a “strong-buy” rating in a report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, Recruit has an average rating of “Strong Buy”.

Recruit Stock Performance

The firm has a 50-day moving average of $12.27 and a 200-day moving average of $10.58. The firm has a market capitalization of $111.03 billion, a P/E ratio of 16.39 and a beta of 1.72.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $5.72 billion. Recruit had a return on equity of 32.62% and a net margin of 13.47%. Equities analysts anticipate that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current fiscal year.

About Recruit

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.