Recruit (OTCMKTS:RCRUY) Sets New 12-Month High – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $14.77 and last traded at $14.55, with a volume of 60262 shares trading hands. The stock had previously closed at $14.38.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Recruit from a “hold” rating to a “strong-buy” rating in a report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Recruit Stock Up 1.2%

The firm has a market capitalization of $107.11 billion, a PE ratio of 15.81 and a beta of 1.72. The company has a 50-day moving average of $12.08 and a 200 day moving average of $10.53.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings results on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $5.72 billion. Recruit had a return on equity of 32.62% and a net margin of 13.47%. As a group, equities analysts anticipate that Recruit Holdings Co., Ltd. will post 0.53 EPS 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.