Recruit (OTCMKTS:RCRUY) Shares Gap Down – Here’s Why

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped down prior to trading on Tuesday . The stock had previously closed at $8.65, but opened at $7.69. Recruit shares last traded at $7.95, with a volume of 497,418 shares trading hands.

Recruit Trading Down 7.4%

The stock’s 50-day moving average price is $10.83 and its 200-day moving average price is $10.84. The stock has a market cap of $62.63 billion, a price-to-earnings ratio of 9.00 and a beta of 1.66.

Recruit (OTCMKTS:RCRUY) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $6.03 billion. Recruit had a return on equity of 30.40% and a net margin of 12.85%. As a group, analysts predict that Recruit Holdings Co., Ltd. will post 0.36 earnings per share for the current year.

About Recruit

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.