Recruit (OTCMKTS:RCRUY) Stock Price Up 4.3% – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price traded up 4.3% during trading on Friday. The company traded as high as $22.19 and last traded at $22.06. 6,856,370 shares traded hands during trading, an increase of 584% from the average daily volume of 1,002,736 shares. The stock had previously closed at $21.1550.

Analyst Ratings Changes

A number of equities analysts have recently commented on RCRUY shares. Zacks Research lowered shares of Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Erste Group Bank upgraded Recruit to a “strong-buy” rating in a report on Wednesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Recruit Stock Performance

The company has a market capitalization of $160.94 billion, a P/E ratio of 37.05 and a beta of 1.79. The company’s fifty day simple moving average is $22.27 and its 200-day simple moving average is $14.93.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings data on Wednesday, November 11th. The company reported $0.19 EPS for the quarter. Recruit had a net margin of 16.30% and a return on equity of 39.26%. The company had revenue of $6.88 billion during the quarter, compared to the consensus estimate of $6.62 billion. On average, sell-side analysts predict that Recruit Holdings Co., Ltd. will post 0.72 EPS for the current year.

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.