Recruit (OTCMKTS:RCRUY) Shares Gap Up – Still a Buy?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up before the market opened on Wednesday . The stock had previously closed at $11.00, but opened at $11.5099. Recruit shares last traded at $11.02, with a volume of 36,935 shares traded.

Recruit Price Performance

The firm has a market cap of $85.82 billion, a price-to-earnings ratio of 12.61 and a beta of 1.65. The firm’s fifty day moving average is $10.96 and its two-hundred day moving average is $11.01.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.12 earnings per share for the quarter. Recruit had a net margin of 12.26% and a return on equity of 27.53%. The company had revenue of $6.20 billion during the quarter, compared to analyst estimates of $6.12 billion. On average, equities analysts forecast that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current fiscal year.

Recruit Company Profile

Recruit Holdings Co, Ltd. (OTCMKTS: RCRUY) is a Japan-based provider of human resources and information services that operates a diversified portfolio of staffing, recruitment and consumer-facing platforms. Headquartered in Tokyo, the company builds and runs digital marketplaces and service businesses that connect employers with job seekers, support corporate HR functions, and offer related marketing and consumer services in areas such as lifestyle and local search.

The company’s principal activities include online job search and employer branding platforms, temporary and permanent staffing, recruitment process outsourcing, and HR technology solutions.