Recruit (OTCMKTS:RCRUY) Shares Gap Up – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares gapped up before the market opened on Monday . The stock had previously closed at $20.07, but opened at $20.71. Recruit shares last traded at $20.6450, with a volume of 19,530 shares.

Analyst Ratings Changes

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

Recruit Stock Performance

The company has a 50 day moving average of $16.13 and a 200 day moving average of $12.01. The stock has a market capitalization of $152.21 billion, a price-to-earnings ratio of 39.76 and a beta of 1.70.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Recruit had a return on equity of 36.40% and a net margin of 14.94%.The business had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. As a group, research analysts expect that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current fiscal year.

About Recruit

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.