Recruit (OTCMKTS:RCRUY) Shares Gap Down – Should You Sell?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down prior to trading on Tuesday . The stock had previously closed at $22.39, but opened at $21.5250. Recruit shares last traded at $22.37, with a volume of 11,437 shares changing hands.

Analysts Set New Price Targets

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

Recruit Stock Up 0.3%

The company’s fifty day simple moving average is $19.08 and its two-hundred day simple moving average is $13.86. The company has a market capitalization of $165.36 billion, a price-to-earnings ratio of 43.19 and a beta of 1.74.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.18 EPS for the quarter. The business had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 35.54%. Equities research analysts expect that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current 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.