Recruit (OTCMKTS:RCRUY) Shares Gap Down – Should You Sell?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down prior to trading on Tuesday . The stock had previously closed at $22.39, but opened at $21.5250. Recruit shares last traded at $22.37, with a volume of 11,437 shares trading hands.

Analyst Ratings Changes

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

Recruit Stock Up 0.3%

The stock has a market cap of $165.36 billion, a price-to-earnings ratio of 43.19 and a beta of 1.74. The company’s 50-day moving average is $19.08 and its 200-day moving average is $13.86.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The firm had revenue of $6.56 billion for the quarter, compared to analyst estimates of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 35.54%. On average, research analysts forecast that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current 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.