Recruit (OTCMKTS:RCRUY) Stock Price Down 5.8% – Should You Sell?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s share price was down 5.8% during mid-day trading on Thursday . The company traded as low as $14.86 and last traded at $14.98. Approximately 137,697 shares were traded during trading, a decline of 87% from the average session volume of 1,061,028 shares. The stock had previously closed at $15.90.

Wall Street Analyst Weigh In

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

Recruit Stock Down 1.2%

The firm has a 50 day simple moving average of $13.80 and a two-hundred day simple moving average of $10.95. The stock has a market capitalization of $109.70 billion, a P/E ratio of 16.20 and a beta of 1.72.

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