Recruit (OTCMKTS:RCRUY) Trading 5% Higher – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares were up 5% during trading on Monday . The stock traded as high as $22.93 and last traded at $22.5145. Approximately 102,661 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 980,163 shares. The stock had previously closed at $21.44.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded 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, Recruit presently has an average rating of “Hold”.

Recruit Stock Up 2.7%

The firm has a market capitalization of $166.76 billion, a PE ratio of 43.56 and a beta of 1.70. The stock’s fifty day simple moving average is $16.89 and its 200 day simple moving average is $12.42.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. The business had revenue of $6.56 billion for the quarter, compared to analysts’ expectations of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 36.40%. On average, analysts predict that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current 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.