Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Short Interest Update

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 87,856 shares, a decrease of 82.1% from the July 30th total of 491,049 shares. Based on an average daily trading volume, of 721,123 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Recruit Price Performance

Shares of RCRUY opened at $21.44 on Friday. The firm has a 50 day simple moving average of $16.73 and a 200-day simple moving average of $12.33. Recruit has a 1-year low of $7.57 and a 1-year high of $21.69. The stock has a market cap of $157.85 billion, a price-to-earnings ratio of 41.23 and a beta of 1.70.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $6.56 billion for the quarter, compared to analyst estimates of $6.19 billion. Recruit had a return on equity of 36.40% and a net margin of 14.94%. On average, equities analysts expect that Recruit will post 0.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of 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 data from MarketBeat.com, Recruit presently has an average rating of “Hold”.

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.