Recruit (OTCMKTS:RCRUY) Releases Earnings Results

Recruit (OTCMKTS:RCRUY) announced its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, Zacks reports. Recruit had a net margin of 14.94% and a return on equity of 35.54%.

Recruit Stock Performance

Shares of OTCMKTS RCRUY traded up $0.97 during mid-day trading on Wednesday, reaching $23.54. 1,803,539 shares of the company’s stock were exchanged, compared to its average volume of 965,599. The company’s 50-day moving average is $22.22 and its 200-day moving average is $14.81. The firm has a market capitalization of $173.31 billion, a price-to-earnings ratio of 45.27 and a beta of 1.79. Recruit has a 52-week low of $7.57 and a 52-week high of $24.84.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Erste Group Bank upgraded shares of Recruit to a “strong-buy” rating in a report on Wednesday, October 21st. 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 Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Recruit Company Profile

Recruit Holdings Co., Ltd. is a Japan-based technology and services company that connects people with jobs and helps businesses find workers and customers. Its operations include online recruitment platforms, staffing services and digital platforms that match consumers with businesses. The company operates Indeed and Glassdoor, which provide job search, recruitment and workplace information services. In Japan, its platforms serve areas such as housing, travel, beauty, dining and automotive services, while its staffing business provides recruitment and temporary staffing services.