Recruit (OTCMKTS:RCRUY) Trading Down 5.8% – Time to Sell?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares dropped 5.8% on Thursday . The company traded as low as $14.86 and last traded at $14.98. 137,697 shares were traded during mid-day trading, a decline of 87% from the average session volume of 1,061,028 shares. The stock had previously closed at $15.90.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Recruit from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Recruit Stock Performance

The company has a market cap of $109.70 billion, a price-to-earnings ratio of 16.20 and a beta of 1.72. The company has a fifty day moving average of $13.80 and a two-hundred day moving average of $10.95.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. Recruit had a return on equity of 32.62% and a net margin of 13.47%.The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.72 billion. Equities analysts expect 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.