Recruit (OTCMKTS:RCRUY) Sees Unusually-High Trading Volume – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw unusually-high trading volume on Monday . Approximately 2,566,373 shares changed hands during trading, an increase of 120% from the previous session’s volume of 1,168,889 shares.The stock last traded at $8.18 and had previously closed at $7.63.

Recruit Trading Up 6.4%

The stock has a market cap of $63.49 billion, a PE ratio of 9.12 and a beta of 1.68. The business’s 50-day moving average price is $9.37 and its 200-day moving average price is $10.22.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Monday, February 9th. The company reported $0.13 EPS for the quarter. The company had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.03 billion. Recruit had a net margin of 12.85% and a return on equity of 30.37%. As a group, analysts predict that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current 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.