Recruiter.com Group (NASDAQ:RCRT) Shares Down 4.6%

Recruiter.com Group, Inc. (NASDAQ:RCRT – Get Rating) shares were down 4.6% during mid-day trading on Friday . The stock traded as low as $0.19 and last traded at $0.20. Approximately 34,689 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 578,320 shares. The stock had previously closed at $0.21.

Wall Street Analysts Forecast Growth

Separately, Maxim Group cut shares of Recruiter.com Group from a “buy” rating to a “hold” rating in a report on Tuesday, April 4th.

Recruiter.com Group Price Performance

The stock has a market capitalization of $3.44 million, a price-to-earnings ratio of -0.16 and a beta of -0.55. The firm’s fifty day moving average is $0.24 and its 200-day moving average is $0.38.

Recruiter.com Group (NASDAQ:RCRT – Get Rating) last posted its quarterly earnings results on Friday, March 31st. The company reported ($0.59) earnings per share (EPS) for the quarter. The company had revenue of $4.42 million during the quarter. Recruiter.com Group had a negative net margin of 71.60% and a negative return on equity of 205.76%.

Institutional Trading of Recruiter.com Group

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Recruiter.com Group by 15.1% during the first quarter. Vanguard Group Inc. now owns 98,608 shares of the company’s stock worth $267,000 after purchasing an additional 12,950 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Recruiter.com Group by 37.3% during the first quarter. Renaissance Technologies LLC now owns 61,100 shares of the company’s stock worth $166,000 after purchasing an additional 16,600 shares during the period. Citadel Advisors LLC raised its holdings in shares of Recruiter.com Group by 132.8% during the third quarter. Citadel Advisors LLC now owns 50,854 shares of the company’s stock worth $62,000 after purchasing an additional 29,013 shares during the period. Finally, Essex Investment Management Co. LLC raised its holdings in shares of Recruiter.com Group by 42.4% during the third quarter. Essex Investment Management Co. LLC now owns 278,284 shares of the company’s stock worth $340,000 after purchasing an additional 82,876 shares during the period. 4.90% of the stock is owned by institutional investors and hedge funds.

About Recruiter.com Group

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Recruiter.com Group, Inc operates an on-demand recruiting platform that aims to deliver the right talent to both small and large businesses. The platform is powered by virtual teams of Recruiters On Demand and Video and Artificial Intelligence (AI) job-matching technology. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent.