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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $7.92, but opened at $7.58. Recruit shares last traded at $7.89, with a volume of 28,424 shares traded.

Recruit Price Performance

The business has a 50 day simple moving average of $9.37 and a 200 day simple moving average of $10.23. The stock has a market cap of $59.66 billion, a PE ratio of 8.57 and a beta of 1.68.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Monday, February 9th. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.03 billion. Recruit had a net margin of 12.85% and a return on equity of 30.37%. As a group, sell-side analysts forecast that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current fiscal 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.