Recruit (OTCMKTS:RCRUY) Sees Large Volume Increase – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares saw unusually-high trading volume on Wednesday . Approximately 5,418,283 shares were traded during mid-day trading, an increase of 290% from the previous session’s volume of 1,387,656 shares.The stock last traded at $9.07 and had previously closed at $8.93.

Recruit Price Performance

The firm has a market capitalization of $68.42 billion, a P/E ratio of 9.83 and a beta of 1.63. The business’s 50-day moving average is $8.81 and its 200 day moving average is $10.04.

Recruit (OTCMKTS:RCRUY) last announced its earnings results on Monday, February 9th. The company reported $0.13 earnings per share (EPS) for the quarter. Recruit had a net margin of 12.85% and a return on equity of 30.37%. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.03 billion. Analysts anticipate 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.