Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Sees Significant Increase in Short Interest

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 229,426 shares, an increase of 87.7% from the September 15th total of 122,233 shares. Based on an average daily volume of 520,460 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

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

Recruit Trading Down 1.1%

Shares of Recruit stock traded down $0.27 during mid-day trading on Friday, hitting $23.33. 34,773 shares of the stock were exchanged, compared to its average volume of 873,396. Recruit has a twelve month low of $7.57 and a twelve month high of $23.75. The stock has a market capitalization of $171.77 billion, a price-to-earnings ratio of 44.87 and a beta of 1.80. The company has a 50-day simple moving average of $21.29 and a 200 day simple moving average of $15.59.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The business had revenue of $6.56 billion during 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 35.54%. Equities research analysts forecast that Recruit will post 0.72 earnings per share for the current fiscal year.

Recruit Company Profile

Recruit Holdings Co, Ltd. is a Japanese technology and services company that operates platforms and businesses focused on connecting people with employment, housing, education, travel, dining and other consumer and business services. The company serves individuals, employers and service providers through digital marketplaces, online information services and software products.

Recruit’s principal businesses include Indeed, a global job search and employment platform, and Glassdoor, which provides employment information, company reviews and recruiting services.