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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 491,049 shares, a decline of 45.0% from the July 15th total of 892,393 shares. Based on an average trading volume of 1,697,564 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Zacks Research cut Recruit from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Recruit Price Performance

Shares of OTCMKTS RCRUY traded down $0.03 during trading on Monday, hitting $20.59. 1,437,796 shares of the company were exchanged, compared to its average volume of 1,004,517. The company has a market cap of $151.56 billion, a price-to-earnings ratio of 39.59 and a beta of 1.70. Recruit has a 1 year low of $7.57 and a 1 year high of $21.69. The firm’s fifty day moving average price is $15.49 and its 200 day moving average price is $11.67.

Recruit (OTCMKTS:RCRUY) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Recruit had a net margin of 14.94% and a return on equity of 36.40%. The business had revenue of $6.56 billion during the quarter, compared to the consensus estimate of $6.19 billion. On average, research analysts forecast that Recruit will post 0.53 earnings per share for the current 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.