Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Declines By 45.0%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 491,049 shares, a drop of 45.0% from the July 15th total of 892,393 shares. Based on an average daily volume of 1,697,564 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

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

Recruit Stock Up 0.0%

OTCMKTS:RCRUY opened at $20.62 on Tuesday. The company has a market cap of $151.82 billion, a PE ratio of 39.65 and a beta of 1.70. Recruit has a 52 week low of $7.57 and a 52 week high of $21.69. The business’s 50 day moving average is $15.63 and its two-hundred day moving average is $11.74.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The firm had revenue of $6.56 billion for the quarter, compared to analysts’ expectations of $6.19 billion. Recruit had a return on equity of 36.40% and a net margin of 14.94%. As a group, sell-side analysts expect that Recruit 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.