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

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up before the market opened on Monday . The stock had previously closed at $10.83, but opened at $11.51. Recruit shares last traded at $11.5625, with a volume of 15,136 shares traded.

Recruit Trading Up 6.2%

The firm’s fifty day simple moving average is $8.92 and its 200 day simple moving average is $9.80. The company has a market cap of $84.69 billion, a price-to-earnings ratio of 12.50 and a beta of 1.59.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings data on Friday, May 15th. The company reported $0.09 earnings per share (EPS) for the quarter. Recruit had a return on equity of 33.06% and a net margin of 13.47%.The business had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $5.72 billion. As a group, sell-side analysts expect that Recruit Holdings Co., Ltd. will post 0.51 EPS 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.