Recruit (OTCMKTS:RCRUY) Shares Gap Down – Should You Sell?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down before the market opened on Wednesday . The stock had previously closed at $20.34, but opened at $19.51. Recruit shares last traded at $19.91, with a volume of 269,030 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Recruit Stock Down 2.3%

The company has a 50-day moving average of $17.90 and a 200 day moving average of $13.03. The stock has a market capitalization of $146.29 billion, a PE ratio of 38.21 and a beta of 1.74.

Recruit (OTCMKTS:RCRUY) last released 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 analyst estimates of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 36.40%. As a group, equities analysts predict that Recruit Holdings Co., Ltd. will post 0.72 EPS for the current fiscal year.

Recruit Company Profile

Recruit Holdings Co, Ltd. is a Japanese technology and human-resources company that operates digital platforms and staffing services in Japan and international markets. The company connects job seekers with employers, consumers with businesses, and customers with a range of services through online marketplaces and related technology.

Its Human Resources Technology business includes Indeed, a global job-search and recruitment platform, and Glassdoor, which provides employment information, company reviews and job listings.