Recruit (OTCMKTS:RCRUY) Shares Gap Up – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $14.36, but opened at $15.27. Recruit shares last traded at $15.25, with a volume of 2,669 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Recruit from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat.com, Recruit presently has a consensus rating of “Strong Buy”.

Recruit Price Performance

The firm has a market cap of $111.03 billion, a P/E ratio of 16.39 and a beta of 1.72. The stock has a 50 day moving average of $12.27 and a 200 day moving average of $10.58.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.09 earnings per share (EPS) for the quarter. Recruit had a return on equity of 32.62% and a net margin of 13.47%.The firm had revenue of $6.12 billion during the quarter, compared to analyst estimates of $5.72 billion. On average, research analysts predict that Recruit Holdings Co., Ltd. will post 0.53 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.