Recruit (OTCMKTS:RCRUY) Shares Gap Down – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $21.52, but opened at $20.56. Recruit shares last traded at $20.56, with a volume of 11,285 shares.

Wall Street Analyst Weigh In

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

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Recruit Stock Performance

The company has a market capitalization of $151.83 billion, a P/E ratio of 39.66 and a beta of 1.70. The company has a 50-day simple moving average of $17.21 and a 200 day simple moving average of $12.60.

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. The company had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Recruit had a return on equity of 36.40% and a net margin of 14.94%. As a group, sell-side analysts forecast that Recruit Holdings Co., Ltd. will post 0.53 earnings per share for the current year.

Recruit Company Profile

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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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