Recruit (OTCMKTS:RCRUY) Shares Gap Up – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up prior to trading on Monday . The stock had previously closed at $10.83, but opened at $11.51. Recruit shares last traded at $11.5625, with a volume of 15,136 shares trading hands.

Recruit Stock Performance

The company has a market capitalization of $84.69 billion, a price-to-earnings ratio of 12.50 and a beta of 1.59. The business has a 50-day simple moving average of $8.92 and a two-hundred day simple moving average of $9.80.

Recruit (OTCMKTS:RCRUY) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. Recruit had a net margin of 13.47% and a return on equity of 33.06%. The business had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $5.72 billion. Research analysts predict that Recruit Holdings Co., Ltd. will post 0.51 EPS for the current fiscal 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.