Recruit (OTCMKTS:RCRUY) Shares Gap Up – Still a Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report) shares gapped up prior to trading on Thursday. The stock had previously closed at $21.29, but opened at $22.15. Recruit shares last traded at $21.7280, with a volume of 119,596 shares traded.

Analyst Ratings Changes

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

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Recruit Trading Up 2.2%

The company’s 50-day simple moving average is $20.49 and its 200-day simple moving average is $14.96. The stock has a market capitalization of $160.13 billion, a price-to-earnings ratio of 41.83 and a beta of 1.80.

Recruit (OTCMKTS:RCRUY – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The company had revenue of $6.56 billion for the quarter, compared to analyst estimates of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 35.54%. On average, equities research analysts expect that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current fiscal year.

Recruit Company Profile

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Recruit Holdings Co, Ltd. is a Japanese technology and services company that operates platforms and businesses focused on connecting people with employment, housing, education, travel, dining and other consumer and business services. The company serves individuals, employers and service providers through digital marketplaces, online information services and software products.

Recruit’s principal businesses include Indeed, a global job search and employment platform, and Glassdoor, which provides employment information, company reviews and recruiting services.

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