Recruit (OTCMKTS:RCRUY) Shares Gap Down – Time to Sell?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down prior to trading on Thursday . The stock had previously closed at $21.39, but opened at $20.65. Recruit shares last traded at $21.2980, with a volume of 187,402 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Recruit from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Recruit Trading Down 0.1%

The stock’s 50 day moving average price is $16.58 and its two-hundred day moving average price is $12.24. The firm has a market capitalization of $157.28 billion, a price-to-earnings ratio of 41.08 and a beta of 1.70.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.18 EPS for the quarter. Recruit had a net margin of 14.94% and a return on equity of 36.40%. The firm had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. On average, sell-side analysts forecast that Recruit Holdings Co., Ltd. will post 0.53 earnings per share for the current fiscal year.

Recruit Company Profile

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.