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

by · The Cerbat Gem

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report)’s share price dropped 9.3% during mid-day trading on Thursday . The company traded as low as $20.00 and last traded at $20.20. 14,027 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 918,071 shares. The stock had previously closed at $22.26.

Analysts Set New Price Targets

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

View Our Latest Report on RCRUY

Recruit Stock Performance

The firm has a market capitalization of $148.87 billion, a PE ratio of 38.89 and a beta of 1.74. The firm’s 50-day moving average is $19.37 and its 200 day moving average is $14.06.

Recruit (OTCMKTS:RCRUY – Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. The firm had revenue of $6.56 billion during 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%. As a group, equities analysts anticipate that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current year.

Recruit Company Profile

(Get Free Report)

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.

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