Recruit (OTCMKTS:RCRUY) Sees Strong Trading Volume – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 726,322 shares changed hands during trading, a decline of 28% from the previous session’s volume of 1,008,731 shares.The stock last traded at $20.33 and had previously closed at $20.61.

Analyst Ratings Changes

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

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Recruit Price Performance

The business’s 50 day simple moving average is $15.88 and its 200 day simple moving average is $11.87. The company has a market capitalization of $147.47 billion, a price-to-earnings ratio of 38.52 and a beta of 1.70.

Recruit (OTCMKTS:RCRUY – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. Recruit had a return on equity of 36.40% and a net margin of 14.94%.The company had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. As a group, analysts expect that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current fiscal year.

About Recruit

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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.

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