Recruit (OTCMKTS:RCRUY) Shares Gap Down – Here’s What Happened

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $11.06, but opened at $10.44. Recruit shares last traded at $10.5296, with a volume of 57,289 shares traded.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Recruit from a “hold” rating to a “buy” rating in a research note on Sunday, July 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Recruit Stock Down 4.2%

The company’s 50-day simple moving average is $10.63 and its 200-day simple moving average is $11.21. The stock has a market cap of $82.81 billion, a price-to-earnings ratio of 12.17 and a beta of 1.61.

Recruit (OTCMKTS:RCRUY) last announced its earnings results on Thursday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $6.20 billion for the quarter, compared to the consensus estimate of $6.12 billion. Recruit had a net margin of 12.26% and a return on equity of 27.07%. As a group, analysts expect that Recruit Holdings Co., Ltd. will post 0.36 EPS for the current fiscal year.

About Recruit

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.