Recruit (OTCMKTS:RCRUY) Shares Gap Up – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $20.32, but opened at $21.8250. Recruit shares last traded at $21.8250, with a volume of 27,682 shares.

Analyst Ratings Changes

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

Recruit Stock Up 1.3%

The stock has a 50 day simple moving average of $18.38 and a 200 day simple moving average of $13.38. The company has a market cap of $159.95 billion, a price-to-earnings ratio of 41.78 and a beta of 1.74.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $6.56 billion during the quarter, compared to analyst estimates of $6.19 billion. Recruit had a return on equity of 35.54% and a net margin of 14.94%. As a group, equities research analysts expect that Recruit Holdings Co., Ltd. will post 0.72 EPS for the current fiscal year.

About Recruit

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.