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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares gapped down prior to trading on Monday. The stock had previously closed at $24.32, but opened at $22.89. Recruit shares last traded at $22.8215, with a volume of 25,878 shares changing hands.

Analyst Upgrades and Downgrades

RCRUY has been the topic of several research reports. Erste Group Bank raised shares of Recruit to a “strong-buy” rating in a report on Wednesday, October 21st. Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Recruit currently has a consensus rating of “Buy”.

Recruit Stock Performance

The company has a fifty day simple moving average of $22.03 and a 200 day simple moving average of $14.41. The stock has a market capitalization of $168.53 billion, a price-to-earnings ratio of 44.02 and a beta of 1.79.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $6.56 billion during the quarter, compared to the consensus estimate of $6.19 billion. Recruit had a return on equity of 35.54% and a net margin of 14.94%. As a group, equities analysts predict that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current fiscal year.

About Recruit

Recruit Holdings Co, Ltd. is a Japanese technology and services company that provides solutions connecting people with employment, housing, travel, dining, beauty and other consumer and business services. Its businesses operate through online platforms, digital products and related services designed to help individuals make decisions and help companies attract customers, employees and applicants.

Recruit’s Human Resources Technology segment includes Indeed, a global job-search and recruitment platform, and Glassdoor, which provides information about employers, workplaces and job opportunities.