Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Declines By 29.3%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 49,500 shares, a decrease of 29.3% from the August 31st total of 70,000 shares. Based on an average daily volume of 620,300 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 620,300 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Recruit from a “hold” rating to a “buy” rating in a research report on Sunday, July 27th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Recruit has a consensus rating of “Buy”.

Recruit Stock Performance

Shares of RCRUY stock opened at $10.69 on Tuesday. The stock’s fifty day moving average is $11.49 and its 200-day moving average is $11.24. The stock has a market capitalization of $83.59 billion, a PE ratio of 12.58 and a beta of 1.60. Recruit has a 52 week low of $8.95 and a 52 week high of $15.97.

Recruit (OTCMKTS:RCRUY) last announced its earnings results on Tuesday, August 5th. The company reported $0.58 earnings per share (EPS) for the quarter. The company had revenue of $6.08 billion for the quarter, compared to analyst estimates of $6.13 billion. Recruit had a net margin of 12.00% and a return on equity of 26.14%. As a group, analysts forecast that Recruit will post 0.36 earnings per share for the current fiscal year.

About Recruit

Recruit Holdings Co, Ltd. provides HR technology and business solutions that transforms the world of work. It operates through three segments: HR Technology, Matching & Solutions, and Staffing. The HR Technology segment provides various technological solutions that help job seekers and employers in navigating hiring and recruitment.