Recruit (OTCMKTS:RCRUY) Sets New 52-Week Low – Time to Sell?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $8.51 and last traded at $8.83, with a volume of 27833 shares. The stock had previously closed at $9.46.

Recruit Price Performance

The firm has a market cap of $68.11 billion, a PE ratio of 9.79 and a beta of 1.66. The business has a 50-day moving average price of $10.94 and a two-hundred day moving average price of $10.92.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Monday, February 9th. The company reported $0.13 earnings per share for the quarter. Recruit had a net margin of 12.85% and a return on equity of 30.40%. The firm had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.03 billion. Equities analysts expect that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current fiscal 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.