Recruit (OTCMKTS:RCRUY) Sees Strong Trading Volume – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares saw an uptick in trading volume on Tuesday . 726,322 shares traded hands during mid-day trading, a decline of 28% from the previous session’s volume of 1,008,731 shares.The stock last traded at $20.33 and had previously closed at $20.61.

Analyst Upgrades and Downgrades

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

Recruit Trading Down 1.8%

The firm has a market cap of $149.02 billion, a price-to-earnings ratio of 38.92 and a beta of 1.70. The firm’s 50-day moving average is $15.63 and its 200-day moving average is $11.74.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. The firm had revenue of $6.56 billion for the quarter, compared to the consensus estimate of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 36.40%. Analysts forecast that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current fiscal year.

Recruit Company Profile

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.