Recruit (OTCMKTS:RCRUY) Issues Earnings Results

Recruit (OTCMKTS:RCRUY) announced its quarterly earnings results on Friday. The company reported $0.18 earnings per share (EPS) for the quarter, Zacks reports. Recruit had a net margin of 13.47% and a return on equity of 32.62%.

Recruit Stock Up 19.9%

Shares of RCRUY stock traded up $3.22 during trading hours on Friday, hitting $19.41. 223,370 shares of the company’s stock were exchanged, compared to its average volume of 1,015,739. Recruit has a fifty-two week low of $7.57 and a fifty-two week high of $19.95. The firm has a market cap of $142.91 billion, a P/E ratio of 21.10 and a beta of 1.70. The firm has a 50 day moving average of $14.61 and a two-hundred day moving average of $11.26.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Recruit from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

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.