Recruit (OTCMKTS:RCRUY) Shares Down 2.6% – What’s Next?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s share price dropped 2.6% during trading on Friday . The stock traded as low as $11.60 and last traded at $11.86. Approximately 784,716 shares traded hands during trading, an increase of 25% from the average daily volume of 626,818 shares. The stock had previously closed at $12.18.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Recruit to a “hold” rating in a research note on Tuesday, March 25th.

Recruit Stock Performance

The stock has a market cap of $92.74 billion, a price-to-earnings ratio of 36.16 and a beta of 1.65. The company’s 50 day simple moving average is $10.97 and its 200 day simple moving average is $12.53.

Recruit (OTCMKTS:RCRUY) last released its earnings results on Friday, May 9th. The company reported $0.06 EPS for the quarter. The firm had revenue of $5.65 billion for the quarter, compared to analysts’ expectations of $6.13 billion. Recruit had a net margin of 10.58% and a return on equity of 19.65%. Sell-side analysts predict that Recruit Holdings Co., Ltd. will post 0.36 EPS for the current year.

About Recruit

Recruit Holdings Co, Ltd. provides HR technology and business solutions that transforms the world of work. It operates through three segments: HR Technology, Matching & Solutions, and Staffing. The HR Technology segment provides various technological solutions that help job seekers and employers in navigating hiring and recruitment.