Short Interest in Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Expands By 207.0%

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 892,393 shares, a growth of 207.0% from the June 30th total of 290,660 shares. Based on an average daily trading volume, of 1,111,590 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Recruit from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Recruit Price Performance

Recruit stock opened at $14.66 on Monday. Recruit has a 12-month low of $7.57 and a 12-month high of $16.50. The company has a market capitalization of $107.93 billion, a price-to-earnings ratio of 15.93 and a beta of 1.72. The firm’s fifty day moving average price is $13.97 and its 200 day moving average price is $11.00.

Recruit (OTCMKTS:RCRUY) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.09 EPS for the quarter. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.72 billion. Recruit had a net margin of 13.47% and a return on equity of 32.62%. Analysts forecast that Recruit will post 0.53 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.