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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 892,393 shares, an increase of 207.0% from the June 30th total of 290,660 shares. Based on an average daily volume of 1,111,590 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of 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, Based on data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Recruit Stock Performance

Shares of OTCMKTS:RCRUY opened at $15.49 on Wednesday. The firm has a market capitalization of $114.05 billion, a P/E ratio of 16.84 and a beta of 1.72. The stock has a 50 day moving average price of $14.11 and a 200-day moving average price of $11.05. Recruit has a 52-week low of $7.57 and a 52-week high of $16.50.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings results on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.72 billion. Recruit had a return on equity of 32.62% and a net margin of 13.47%. On average, equities analysts forecast 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.