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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $20.32, but opened at $21.8250. Recruit shares last traded at $21.8250, with a volume of 27,682 shares trading hands.

Wall Street Analyst Weigh In

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

Recruit Stock Performance

The company has a market cap of $161.75 billion, a P/E ratio of 42.25 and a beta of 1.74. The business’s fifty day moving average is $18.66 and its two-hundred day moving average is $13.57.

Recruit (OTCMKTS:RCRUY) last issued its earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The business had revenue of $6.56 billion for the quarter, compared to the consensus estimate of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 35.54%. Analysts expect that Recruit Holdings Co., Ltd. will post 0.72 EPS for the current fiscal year.

About Recruit

Recruit Holdings Co, Ltd. is a Japanese technology and human-resources company that operates digital platforms and staffing services in Japan and international markets. The company connects job seekers with employers, consumers with businesses, and customers with a range of services through online marketplaces and related technology.

Its Human Resources Technology business includes Indeed, a global job-search and recruitment platform, and Glassdoor, which provides employment information, company reviews and job listings.