Recruit (OTCMKTS:RCRUY) Posts Quarterly Earnings Results

Recruit (OTCMKTS:RCRUY) issued its quarterly earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, Zacks reports. Recruit had a net margin of 14.94% and a return on equity of 35.54%.

Recruit Stock Up 4.2%

Shares of Recruit stock traded up $0.94 on Wednesday, hitting $23.52. The company’s stock had a trading volume of 1,772,901 shares, compared to its average volume of 965,572. Recruit has a 52-week low of $7.57 and a 52-week high of $24.84. The firm has a fifty day moving average price of $22.22 and a 200-day moving average price of $14.81. The company has a market capitalization of $173.13 billion, a P/E ratio of 45.22 and a beta of 1.79.

Analyst Ratings Changes

RCRUY has been the subject of a number of recent analyst reports. Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Erste Group Bank upgraded Recruit to a “strong-buy” rating in a research report on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Recruit currently has a consensus rating of “Buy”.

Recruit Company Profile

Recruit Holdings Co., Ltd. is a Japan-based technology and services company that connects people with jobs and helps businesses find workers and customers. Its operations include online recruitment platforms, staffing services and digital platforms that match consumers with businesses. The company operates Indeed and Glassdoor, which provide job search, recruitment and workplace information services. In Japan, its platforms serve areas such as housing, travel, beauty, dining and automotive services, while its staffing business provides recruitment and temporary staffing services.