Recruit (OTCMKTS:RCRUY) Announces Quarterly Earnings Results

Recruit (OTCMKTS:RCRUY) released its quarterly earnings results on Wednesday. The company reported $0.19 EPS for the quarter, Zacks reports. Recruit had a net margin of 14.94% and a return on equity of 35.54%.

Recruit Trading Up 4.2%

Shares of Recruit stock traded up $0.94 during trading hours on Wednesday, hitting $23.52. 1,772,901 shares of the company were exchanged, compared to its average volume of 965,572. Recruit has a 1 year low of $7.57 and a 1 year high of $24.84. The business has a 50-day moving average of $22.22 and a 200-day moving average of $14.81. The stock has a market capitalization of $173.13 billion, a price-to-earnings ratio of 45.22 and a beta of 1.79.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Erste Group Bank upgraded shares of Recruit to a “strong-buy” rating in a research note on Wednesday, October 21st. Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, Recruit has an average rating of “Buy”.

Recruit Company Profile

Recruit Holdings Co., Ltd. is a Japan-based technology and services company that connects people with jobs and helps businesses find workers and customers. Its operations include online recruitment platforms, staffing services and digital platforms that match consumers with businesses. The company operates Indeed and Glassdoor, which provide job search, recruitment and workplace information services. In Japan, its platforms serve areas such as housing, travel, beauty, dining and automotive services, while its staffing business provides recruitment and temporary staffing services.