Recruit (OTCMKTS:RCRUY) Sets New 1-Year High – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $23.70 and last traded at $23.1580, with a volume of 48,624 shares trading hands. The stock had previously closed at $22.50.

Analyst Ratings Changes

Separately, Zacks Research lowered 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 stock currently has an average rating of “Hold”.

Recruit Stock Performance

The stock’s 50 day simple moving average is $21.02 and its two-hundred day simple moving average is $15.37. The firm has a market capitalization of $169.26 billion, a PE ratio of 44.21 and a beta of 1.80.

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

Recruit Company Profile

Recruit Holdings Co, Ltd. is a Japanese technology and services company that operates platforms and businesses focused on connecting people with employment, housing, education, travel, dining and other consumer and business services. The company serves individuals, employers and service providers through digital marketplaces, online information services and software products.

Recruit’s principal businesses include Indeed, a global job search and employment platform, and Glassdoor, which provides employment information, company reviews and recruiting services.