Recruit (OTCMKTS:RCRUY) Trading 3.6% Higher – Here’s Why

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) traded up 3.6% during mid-day trading on Thursday . The company traded as high as $20.66 and last traded at $20.57. 435,215 shares were traded during trading, a decline of 54% from the average daily volume of 955,456 shares. The stock had previously closed at $19.86.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Recruit Stock Performance

The stock has a market cap of $149.61 billion, a PE ratio of 39.08 and a beta of 1.74. The firm’s 50-day moving average is $18.25 and its 200 day moving average is $13.25.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Recruit had a net margin of 14.94% and a return on equity of 35.54%. The company had revenue of $6.56 billion for the quarter, compared to the consensus estimate of $6.19 billion. On average, sell-side analysts predict that Recruit Holdings Co., Ltd. will post 0.72 EPS for the current fiscal year.

Recruit Company Profile

Recruit Holdings Co, Ltd. is a Japanese technology and human-resources company that operates digital platforms and staffing services in Japan and international markets. The company connects job seekers with employers, consumers with businesses, and customers with a range of services through online marketplaces and related technology.

Its Human Resources Technology business includes Indeed, a global job-search and recruitment platform, and Glassdoor, which provides employment information, company reviews and job listings.