Recruit (OTCMKTS:RCRUY) Sets New 52-Week High – Still a Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) hit a new 52-week high on Wednesday . The company traded as high as $15.27 and last traded at $15.10, with a volume of 329835 shares changing hands. The stock had previously closed at $14.75.

Analyst Ratings Changes

Separately, Zacks Research upgraded Recruit from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Strong Buy”.

Recruit Price Performance

The firm has a market capitalization of $113.90 billion, a price-to-earnings ratio of 16.82 and a beta of 1.72. The stock’s 50 day moving average price is $12.73 and its two-hundred day moving average price is $10.69.

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

About Recruit

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.