Recruit (OTCMKTS:RCRUY) Reaches New 12-Month High – Should You Buy?

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $14.55 and last traded at $14.35, with a volume of 510186 shares changing hands. The stock had previously closed at $13.96.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Recruit from a “hold” rating to a “strong-buy” rating in a report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, Recruit currently has an average rating of “Strong Buy”.

Recruit Trading Up 2.0%

The firm has a market cap of $104.87 billion, a PE ratio of 15.48 and a beta of 1.72. The business has a fifty day moving average price of $11.31 and a 200 day moving average price of $10.33.

Recruit (OTCMKTS:RCRUY) last posted its earnings results on Friday, May 15th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $5.72 billion. Recruit had a return on equity of 32.62% and a net margin of 13.47%. On average, research analysts expect that Recruit Holdings Co., Ltd. will post 0.53 earnings per share 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.