Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Sees Large Decline in Short Interest

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 14,600 shares, a drop of 85.6% from the March 15th total of 101,100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,755,600 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Recruit to a “hold” rating in a report on Tuesday, March 25th.

Recruit Stock Performance

OTCMKTS RCRUY traded down $0.03 during trading on Monday, reaching $10.20. 966,476 shares of the company’s stock were exchanged, compared to its average volume of 600,491. The company has a 50 day moving average price of $11.76 and a two-hundred day moving average price of $12.83. The stock has a market cap of $79.76 billion, a P/E ratio of 31.10 and a beta of 1.59. Recruit has a 1 year low of $7.74 and a 1 year high of $15.97.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Wednesday, February 12th. The company reported $0.11 earnings per share for the quarter. Recruit had a return on equity of 19.65% and a net margin of 10.58%. Research analysts forecast that Recruit will post 0.36 EPS for the current fiscal year.

Recruit Company Profile

Recruit Holdings Co, Ltd. provides HR technology and business solutions that transforms the world of work. It operates through three segments: HR Technology, Matching & Solutions, and Staffing. The HR Technology segment provides various technological solutions that help job seekers and employers in navigating hiring and recruitment.