Recruit (OTCMKTS:RCRUY) Trading 3.6% Higher – Still a Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) shares traded up 3.6% during trading on Thursday . The stock traded as high as $20.66 and last traded at $20.57. 435,215 shares were traded during trading, a decline of 54% from the average daily volume of 955,456 shares. The stock had previously closed at $19.86.

Analyst Upgrades and Downgrades

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

Recruit Stock Up 2.5%

The firm has a market cap of $149.83 billion, a price-to-earnings ratio of 39.14 and a beta of 1.74. The business has a 50 day moving average of $18.01 and a 200 day moving average of $13.11.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $6.56 billion for the quarter, compared to the consensus estimate of $6.19 billion. Recruit had a net margin of 14.94% and a return on equity of 36.40%. Research analysts predict that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current 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.