Recruit (OTCMKTS:RCRUY) Sees Unusually-High Trading Volume – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report) saw strong trading volume on Tuesday. Approximately 2,285,471 shares traded hands during mid-day trading, an increase of 146% from the average daily volume of 928,341 shares. The stock last traded at $22.65 and had previously closed at $22.66.

Wall Street Analyst Weigh In

RCRUY has been the topic of a number of recent analyst reports. Zacks Research lowered shares of Recruit from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Erste Group Bank upgraded shares of Recruit to a “strong-buy” rating in a research report on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Read Our Latest Stock Report on RCRUY

Recruit Price Performance

The stock has a market capitalization of $173.76 billion, a PE ratio of 43.40 and a beta of 1.79. The stock has a 50 day moving average of $22.26 and a two-hundred day moving average of $14.87.

Recruit (OTCMKTS:RCRUY – Get Free Report) last released its quarterly earnings data on Wednesday, November 11th. The company reported $0.19 earnings per share (EPS) for the quarter. Recruit had a return on equity of 35.54% and a net margin of 14.94%. As a group, research analysts predict that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current fiscal year.

Recruit Company Profile

(Get Free Report)

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.

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