Recruit (OTCMKTS:RCRUY) Shares Up 4.3% – Time to Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report)’s share price was up 4.3% on Friday. The company traded as high as $22.19 and last traded at $22.06. Approximately 6,856,370 shares traded hands during mid-day trading, an increase of 584% from the average session volume of 1,002,736 shares. The stock had previously closed at $21.1550.

Wall Street Analyst Weigh In

A number of research analysts recently commented on RCRUY shares. Erste Group Bank raised shares of Recruit to a “strong-buy” rating in a report on Wednesday, October 21st. Zacks Research downgraded Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Check Out Our Latest Analysis on RCRUY

Recruit Trading Up 3.3%

The business’s 50 day moving average is $22.27 and its 200 day moving average is $14.93. The stock has a market capitalization of $160.94 billion, a PE ratio of 37.05 and a beta of 1.79.

Recruit (OTCMKTS:RCRUY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 11th. The company reported $0.19 earnings per share for the quarter. Recruit had a net margin of 16.30% and a return on equity of 39.26%. The company had revenue of $6.88 billion for the quarter, compared to analyst estimates of $6.62 billion. As a group, analysts anticipate that Recruit Holdings Co., Ltd. will post 0.72 EPS for the current year.

About Recruit

(Get Free Report)

Recruit Holdings Co., Ltd. is a Japan-based technology and services company that connects people with jobs and helps businesses find workers and customers. Its operations include online recruitment platforms, staffing services and digital platforms that match consumers with businesses. The company operates Indeed and Glassdoor, which provide job search, recruitment and workplace information services. In Japan, its platforms serve areas such as housing, travel, beauty, dining and automotive services, while its staffing business provides recruitment and temporary staffing services.

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