Recruit (OTCMKTS:RCRUY) Stock Price Down 9.3% – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s share price was down 9.3% on Thursday . The stock traded as low as $20.00 and last traded at $20.20. Approximately 14,027 shares traded hands during trading, a decline of 98% from the average daily volume of 918,071 shares. The stock had previously closed at $22.26.

Analyst Upgrades and Downgrades

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

Recruit Trading Down 9.2%

The stock has a market capitalization of $148.87 billion, a price-to-earnings ratio of 38.89 and a beta of 1.74. The business has a 50 day simple moving average of $19.37 and a 200-day simple moving average of $14.06.

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