Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) Sees Large Decrease in Short Interest

Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 491,049 shares, a decline of 45.0% from the July 15th total of 892,393 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,697,564 shares, the days-to-cover ratio is currently 0.3 days.

Recruit Price Performance

RCRUY traded down $0.03 during trading on Monday, hitting $20.59. The company’s stock had a trading volume of 1,437,796 shares, compared to its average volume of 1,004,517. The firm’s 50 day moving average price is $15.49 and its 200-day moving average price is $11.67. Recruit has a twelve month low of $7.57 and a twelve month high of $21.69. The stock has a market cap of $151.56 billion, a PE ratio of 39.59 and a beta of 1.70.

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 36.40% and a net margin of 14.94%. Equities analysts anticipate that Recruit will post 0.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.