Recruit (OTCMKTS:RCRUY) Sees Strong Trading Volume – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares saw unusually-strong trading volume on Monday . Approximately 2,566,373 shares were traded during trading, an increase of 120% from the previous session’s volume of 1,168,889 shares.The stock last traded at $8.18 and had previously closed at $7.63.

Recruit Stock Down 1.1%

The firm has a market capitalization of $63.34 billion, a P/E ratio of 9.10 and a beta of 1.68. The stock has a fifty day moving average of $9.22 and a 200-day moving average of $10.18.

Recruit (OTCMKTS:RCRUY) last released its earnings results on Monday, February 9th. The company reported $0.13 EPS for the quarter. Recruit had a return on equity of 30.37% and a net margin of 12.85%.The firm had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $6.03 billion. Sell-side analysts predict that Recruit Holdings Co., Ltd. will post 0.36 EPS for the current fiscal year.

About Recruit

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.