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

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s share price gapped down prior to trading 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.

Recruit Price Performance

The company’s 50-day moving average is $9.46 and its two-hundred day moving average is $10.27. The company has a market cap of $60.70 billion, a P/E ratio of 8.72 and a beta of 1.68.

Recruit (OTCMKTS:RCRUY) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.13 earnings per share for the quarter. Recruit had a return on equity of 30.37% and a net margin of 12.85%.The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.03 billion. Equities research analysts anticipate that Recruit Holdings Co., Ltd. will post 0.36 EPS for the current 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.