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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price gapped up before the market opened 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 trading hands.

Analyst Ratings Changes

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

Recruit Price Performance

The business’s fifty day moving average price is $20.49 and its 200 day moving average price is $14.96. The stock has a market cap of $160.13 billion, a P/E ratio of 41.83 and a beta of 1.80.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 35.54%. On average, analysts predict that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current fiscal year.

Recruit Company Profile

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.