Recruit (OTCMKTS:RCRUY) Reaches New 1-Year High – Still a Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $21.26 and last traded at $21.03, with a volume of 547423 shares. The stock had previously closed at $21.19.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut 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, According to MarketBeat, the company has an average rating of “Hold”.

Recruit Stock Performance

The firm has a fifty day simple moving average of $15.18 and a 200-day simple moving average of $11.53. The company has a market capitalization of $154.83 billion, a PE ratio of 40.44 and a beta of 1.70.

Recruit (OTCMKTS:RCRUY) last released its earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The company had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Recruit had a return on equity of 36.40% and a net margin of 14.94%. As a group, research analysts anticipate that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current fiscal year.

Recruit Company Profile

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.