Recruit (OTCMKTS:RCRUY) Shares Gap Down – What’s Next?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down prior to trading on Thursday . The stock had previously closed at $21.39, but opened at $20.65. Recruit shares last traded at $21.2980, with a volume of 187,402 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research cut Recruit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Recruit Stock Performance

The company has a fifty day moving average price of $16.89 and a two-hundred day moving average price of $12.40. The company has a market cap of $162.34 billion, a P/E ratio of 42.40 and a beta of 1.70.

Recruit (OTCMKTS:RCRUY) last released 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 36.40% and a net margin of 14.94%.The business had revenue of $6.56 billion for the quarter, compared to analyst estimates of $6.19 billion. Research analysts anticipate that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current 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.