Recruit (OTCMKTS:RCRUY) Reaches New 52-Week High – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $14.55 and last traded at $14.35, with a volume of 510186 shares. The stock had previously closed at $13.96.

Analysts Set New Price Targets

Separately, Zacks Research raised Recruit from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, the company has an average rating of “Strong Buy”.

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Recruit Stock Up 0.1%

The stock has a market cap of $101.31 billion, a P/E ratio of 14.96 and a beta of 1.72. The firm’s fifty day moving average price is $11.52 and its 200-day moving average price is $10.39.

Recruit (OTCMKTS:RCRUY – Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.09 earnings per share (EPS) for the quarter. Recruit had a net margin of 13.47% and a return on equity of 32.62%. The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.72 billion. Sell-side analysts predict that Recruit Holdings Co., Ltd. will post 0.53 earnings per share for the current 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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