Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Short Interest Down 82.1% in August

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 87,856 shares, a drop of 82.1% from the July 30th total of 491,049 shares. Based on an average trading volume of 721,123 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Recruit Price Performance

Shares of OTCMKTS RCRUY opened at $20.75 on Wednesday. Recruit has a fifty-two week low of $7.57 and a fifty-two week high of $21.69. The business has a 50 day moving average price of $16.42 and a two-hundred day moving average price of $12.16. The firm has a market cap of $152.77 billion, a PE ratio of 39.90 and a beta of 1.70.

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

Analyst Ratings Changes

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

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.