Recruit (OTCMKTS:RCRUY) Shares Gap Down – Time to Sell?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $15.90, but opened at $15.08. Recruit shares last traded at $15.0650, with a volume of 60,392 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Recruit from a “hold” rating to a “strong-buy” rating in a research 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 company’s stock. According to MarketBeat, the stock has an average rating of “Strong Buy”.

Recruit Trading Down 5.3%

The firm has a market capitalization of $110.88 billion, a P/E ratio of 16.37 and a beta of 1.72. The company’s fifty day simple moving average is $13.69 and its 200 day simple moving average is $10.92.

Recruit (OTCMKTS:RCRUY) last announced its earnings results on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. Recruit had a net margin of 13.47% and a return on equity of 32.62%. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.72 billion. On average, analysts predict that Recruit Holdings Co., Ltd. will post 0.53 earnings per share 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.