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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $21.52, but opened at $20.56. Recruit shares last traded at $20.56, with a volume of 11,285 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research cut Recruit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Recruit Stock Performance

The stock has a market cap of $156.16 billion, a P/E ratio of 40.79 and a beta of 1.74. The company’s 50 day moving average price is $17.50 and its 200-day moving average price is $12.77.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Friday, August 7th. The company reported $0.18 EPS for the quarter. The firm had revenue of $6.56 billion for 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%. On average, 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.