Recruit (OTCMKTS:RCRUY) Shares Down 5.7% – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price dropped 5.7% during trading on Tuesday . The stock traded as low as $11.50 and last traded at $11.55. Approximately 87,849 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 346,484 shares. The stock had previously closed at $12.25.

Recruit Trading Down 5.6%

The company has a market cap of $90.47 billion, a price-to-earnings ratio of 13.30 and a beta of 1.65. The business’s 50 day moving average price is $10.77 and its 200-day moving average price is $11.03.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $6.20 billion during the quarter, compared to the consensus estimate of $6.12 billion. Recruit had a return on equity of 27.53% and a net margin of 12.26%. Equities research analysts forecast 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.