Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Declines By 57.0%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 262,355 shares, a drop of 57.0% from the May 14th total of 609,426 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,119,304 shares, the short-interest ratio is currently 0.2 days.

Recruit Price Performance

OTCMKTS RCRUY opened at $14.18 on Friday. The company has a fifty day moving average of $10.75 and a two-hundred day moving average of $10.19. The company has a market capitalization of $104.40 billion, a PE ratio of 15.41 and a beta of 1.72. Recruit has a 1 year low of $7.57 and a 1 year high of $14.42.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $5.72 billion. Recruit had a return on equity of 33.06% and a net margin of 13.47%. On average, research analysts expect that Recruit will post 0.51 earnings per share for the current 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.