Recruit (OTCMKTS:RCRUY) Shares Gap Up – Still a Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up prior to trading on Monday . The stock had previously closed at $19.41, but opened at $20.33. Recruit shares last traded at $20.83, with a volume of 47,820 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Recruit Trading Up 0.9%

The stock has a 50 day simple moving average of $15.03 and a 200-day simple moving average of $11.46. The firm has a market cap of $156.01 billion, a P/E ratio of 40.75 and a beta of 1.70.

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

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.