Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF) Increases By 35.6%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRRF) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,017,600 shares, an increase of 35.6% from the March 15th total of 750,600 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is presently 407.0 days.

Shares of OTCMKTS RCRRF traded down $1.01 on Friday, reaching $47.66. 1,622 shares of the company traded hands, compared to its average volume of 2,878. Recruit has a fifty-two week low of $25.14 and a fifty-two week high of $52.70. The company has a 50 day moving average of $48.27 and a 200 day moving average of $44.32. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $79.62 billion, a PE ratio of 66.19 and a beta of 1.23.

Recruit (OTCMKTS:RCRRF) last posted its quarterly earnings data on Monday, February 15th. The company reported $0.33 EPS for the quarter. Recruit had a net margin of 5.72% and a return on equity of 15.40%. The company had revenue of $5.86 billion during the quarter, compared to the consensus estimate of $5.71 billion. As a group, research analysts expect that Recruit will post 0.72 earnings per share for the current year.

Separately, Zacks Investment Research raised shares of Recruit from a “sell” rating to a “hold” rating in a research note on Wednesday, January 20th.

About Recruit

Recruit Holdings Co, Ltd. provides employment information services in Japan and internationally. It operates through three segments: HR Technology, Media & Solutions, and Staffing. The company operates Indeed.com, a job aggregator search engine; and Glassdoor, an online job platform and company information site.

Further Reading: Why is the ROA ratio important?

Receive News & Ratings for Recruit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Recruit and related companies with MarketBeat.com's FREE daily email newsletter.