Recruit (OTCMKTS:RCRUY) Sets New 1-Year Low – Here’s Why

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) hit a new 52-week low during trading on Wednesday . The company traded as low as $7.69 and last traded at $7.99, with a volume of 3294674 shares trading hands. The stock had previously closed at $8.65.

Recruit Stock Down 1.1%

The business has a fifty day simple moving average of $10.68 and a two-hundred day simple moving average of $10.77. The company has a market capitalization of $62.09 billion, a price-to-earnings ratio of 9.02 and a beta of 1.66.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.13 EPS for the quarter. Recruit had a return on equity of 30.40% and a net margin of 12.85%.The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.03 billion. As a group, equities analysts predict that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current fiscal year.

Recruit Company Profile

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.