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

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up before the market opened on Thursday. The stock had previously closed at $21.29, but opened at $22.15. Recruit shares last traded at $21.7280, with a volume of 119,596 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, Recruit has a consensus rating of “Hold”.

Recruit Stock Performance

The stock has a market capitalization of $165.80 billion, a PE ratio of 43.31 and a beta of 1.80. The business’s 50-day moving average price is $20.74 and its 200 day moving average price is $15.12.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $6.56 billion for the quarter, compared to the consensus estimate of $6.19 billion. Recruit had a return on equity of 35.54% and a net margin of 14.94%. As a group, equities research analysts predict that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current year.

Recruit Company Profile

Recruit Holdings Co, Ltd. is a Japanese technology and services company that operates platforms and businesses focused on connecting people with employment, housing, education, travel, dining and other consumer and business services. The company serves individuals, employers and service providers through digital marketplaces, online information services and software products.

Recruit’s principal businesses include Indeed, a global job search and employment platform, and Glassdoor, which provides employment information, company reviews and recruiting services.