Recruit (OTCMKTS:RCRUY) Sets New 12-Month Low – Here’s What Happened

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) hit a new 52-week low during trading on Wednesday . The stock traded as low as $7.69 and last traded at $7.99, with a volume of 3294674 shares trading hands. The stock had previously closed at $8.65.

Recruit Trading Down 7.6%

The company’s fifty day moving average is $10.78 and its 200-day moving average is $10.81. The firm has a market capitalization of $62.48 billion, a P/E ratio of 8.98 and a beta of 1.66.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings results on Monday, February 9th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.03 billion. Recruit had a net margin of 12.85% and a return on equity of 30.40%. On average, equities research analysts anticipate that Recruit Holdings Co., Ltd. will post 0.36 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.