Recruit (OTCMKTS:RCRUY) Trading Up 7.1% – Still a Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares shot up 7.1% during trading on Friday . The company traded as high as $10.60 and last traded at $10.50. 97,754 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 1,254,995 shares. The stock had previously closed at $9.80.

Recruit Price Performance

The business has a 50-day simple moving average of $8.88 and a 200 day simple moving average of $9.80. The firm has a market cap of $78.72 billion, a PE ratio of 12.01 and a beta of 1.59.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.09 EPS for the quarter. Recruit had a return on equity of 30.37% and a net margin of 12.85%. On average, equities analysts forecast that Recruit Holdings Co., Ltd. will post 0.39 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.