Recruit (OTCMKTS:RCRUY) Reaches New 12-Month High – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $15.68 and last traded at $15.2915, with a volume of 232554 shares changing hands. The stock had previously closed at $15.33.

Analyst Ratings Changes

Separately, Zacks Research raised Recruit from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, Recruit currently has a consensus rating of “Strong Buy”.

Recruit Trading Up 2.4%

The stock has a 50-day simple moving average of $13.20 and a 200 day simple moving average of $10.80. The company has a market cap of $112.79 billion, a price-to-earnings ratio of 16.65 and a beta of 1.72.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. Recruit had a return on equity of 32.62% and a net margin of 13.47%.The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.72 billion. As a group, research analysts forecast that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current fiscal year.

About Recruit

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.