Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY – Get Free Report)’s share price shot up 5% during mid-day trading on Monday . The stock traded as high as $22.93 and last traded at $22.5145. 102,661 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 980,163 shares. The stock had previously closed at $21.44.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of Recruit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.
Check Out Our Latest Analysis on RCRUY
Recruit Price Performance
Recruit (OTCMKTS:RCRUY – Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Recruit had a return on equity of 36.40% and a net margin of 14.94%. As a group, research analysts anticipate that Recruit Holdings Co., Ltd. will post 0.53 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.
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