Recruit (OTCMKTS:RCRUY) Shares Gap Down – What’s Next?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down before the market opened on Thursday . The stock had previously closed at $10.15, but opened at $9.73. Recruit shares last traded at $10.07, with a volume of 2,718 shares trading hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Recruit from a “hold” rating to a “buy” rating in a research note on Sunday, July 27th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Recruit presently has an average rating of “Buy”.

Recruit Trading Up 2.2%

The business has a 50-day simple moving average of $11.04 and a 200 day simple moving average of $11.21. The stock has a market cap of $81.01 billion, a P/E ratio of 12.19 and a beta of 1.60.

Recruit (OTCMKTS:RCRUY) last announced its earnings results on Tuesday, August 5th. The company reported $0.58 EPS for the quarter. Recruit had a return on equity of 26.14% and a net margin of 12.00%.The company had revenue of $6.08 billion for the quarter, compared to analyst estimates of $6.13 billion. As a group, equities analysts expect that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current year.

About Recruit

Recruit Holdings Co, Ltd. provides HR technology and business solutions that transforms the world of work. It operates through three segments: HR Technology, Matching & Solutions, and Staffing. The HR Technology segment provides various technological solutions that help job seekers and employers in navigating hiring and recruitment.