Recruit (OTCMKTS:RCRUY) Shares Gap Up – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up prior to trading on Monday . The stock had previously closed at $19.41, but opened at $20.33. Recruit shares last traded at $20.83, with a volume of 47,820 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Recruit from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Recruit currently has an average rating of “Strong Buy”.

Recruit Trading Up 7.8%

The company has a market capitalization of $154.10 billion, a P/E ratio of 40.25 and a beta of 1.70. The stock’s fifty day moving average is $14.73 and its 200 day moving average is $11.31.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Recruit had a net margin of 14.94% and a return on equity of 36.40%. The business had revenue of $6.56 billion for the quarter, compared to analyst estimates of $6.19 billion. On average, analysts expect that Recruit Holdings Co., Ltd. will post 0.53 EPS 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.