Recruit (OTCMKTS:RCRUY) Sets New 1-Year High – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price reached a new 52-week high on Thursday . The company traded as high as $21.26 and last traded at $21.03, with a volume of 547423 shares. The stock had previously closed at $21.19.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of 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 MarketBeat, the stock presently has a consensus rating of “Hold”.

Recruit Stock Down 3.4%

The stock has a market capitalization of $151.74 billion, a PE ratio of 39.64 and a beta of 1.70. The stock has a fifty day moving average of $15.49 and a 200-day moving average of $11.67.

Recruit (OTCMKTS:RCRUY) last issued its earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $6.56 billion during 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%. Equities research analysts expect that Recruit Holdings Co., Ltd. will post 0.53 EPS for the current 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.