Recruit (OTCMKTS:RCRUY) Shares Gap Down – Here’s Why

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down prior to trading on Friday . The stock had previously closed at $11.87, but opened at $11.50. Recruit shares last traded at $12.10, with a volume of 9,814 shares trading hands.

Recruit Price Performance

The company has a market capitalization of $94.77 billion, a P/E ratio of 13.93 and a beta of 1.65. The company has a 50 day moving average of $10.68 and a 200-day moving average of $11.01.

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