Recruit (OTCMKTS:RCRUY) Reaches New 1-Year High – Time to Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) reached a new 52-week high during trading on Tuesday. The company traded as high as $23.84 and last traded at $23.74, with a volume of 569,445 shares trading hands. The stock had previously closed at $22.93.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Recruit from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold”.

Recruit Trading Up 0.1%

The company’s 50 day moving average price is $21.53 and its 200-day moving average price is $16.01. The company has a market capitalization of $175.89 billion, a PE ratio of 45.90 and a beta of 1.80.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.18 EPS for the quarter. The business had revenue of $6.56 billion during the quarter, compared to the consensus estimate of $6.19 billion. Recruit had a return on equity of 35.54% and a net margin of 14.94%. As a group, analysts predict that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current year.

Recruit Company Profile

Recruit Holdings Co, Ltd. is a Japanese technology and services company that provides solutions connecting people with employment, housing, travel, dining, beauty and other consumer and business services. Its businesses operate through online platforms, digital products and related services designed to help individuals make decisions and help companies attract customers, employees and applicants.

Recruit’s Human Resources Technology segment includes Indeed, a global job-search and recruitment platform, and Glassdoor, which provides information about employers, workplaces and job opportunities.